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The net present value of a capital budgeting project is positive, this would mean that... a) The present value of the cash outflows exceeds the
The net present value of a capital budgeting project is positive, this would mean that... a) The present value of the cash outflows exceeds the present value of the cash inflows b) The rate of return for this project is higher than the discount rate used in the net present value computation Oc) The company should not accept the project if they have unlimited funds d) None of these answers are correct
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