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The net present value of a project is calculated as a) the present value of all cash inflows minus the present value of all cash

The net present value of a project is calculated as

a) the present value of all cash inflows minus the present value of all cash outflows.

b) the future value of all cash inflows minus the present value of all outflows.

c) the sum of all cash inflows minus the sum of all cash outflows.

d) None of the above

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