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Which is not true of the net present value method of determining the acceptability of an investment? Select one: a.Net cash flows from the investment
Which is not true of the net present value method of determining the acceptability of an investment?
Select one:
a.Net cash flows from the investment are estimated
b.A positive net present value of the cash flows is required
c.The net cash flows are discounted at an acceptable rate of return
d.The initial cost of the investment is added to the net cash flows
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