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The present value of net cash flows (excluding the initial investment) for Project A is $21,664. If the initial investment for Project A was $20,000,
The present value of net cash flows (excluding the initial investment) for Project A is $21,664. If the initial investment for Project A was $20,000, Project A has a net present value of $41,664. Question 3 options: True False
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
