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The NPV of a project a. Is greater than zero if IRR=cost of capital. b. Measures the percentage increase in shareholder wealth if a project
- The NPV of a project
a. Is greater than zero if IRR=cost of capital.
b. Measures the percentage increase in shareholder wealth if a project is accepted.
c. Equals the net investment cash outflow when the discount rate is 0%.
d. Measures the dollar change in shareholder wealth if a project is accepted.
e. Increases as the discount rate increases.
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