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Which of the following indicate that a project will produce a return equal to or greater than the required rate of return for that project?
Which of the following indicate that a project will produce a return equal to or greater than the required rate of return for that project?
I. a positive NPV
II. a NPV of zero
III. a PI less than 1.0
IV. a positive accounting rate of return
a. | I, II, and IV only | |
b. | I, III, and IV only | |
c. | I and IV only | |
d. | II and III only | |
e. | I and II only |
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