Question: The formal decision rules associated with the NPV model are which of the following? If the NPV of a project is less than zero, the

The formal decision rules associated with the NPV model are which of the following?
If the NPV of a project is less than zero, the project should be accepted.
If the NPV of a project is equal to zero, the project should be rejected.
If the NPV of a project is greater than zero, the project should be rejected.
If the NPV of a project is equal to zero, the project should be accepted.

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