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The net present value of a cash flow stream: a. decreases as the required rate of return increases. b. increases as the required rate of
The net present value of a cash flow stream:
a. decreases as the required rate of return increases.
b. increases as the required rate of return decreases.
c. is equal to the initial investment when the internal rate of
return is equal to the required return.
d. is directly related to the discount rate.
e. is unaffected by the timing of an investment's cash flows.
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