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Which of the following is true? A project has a positive NPV if its Profitability Index is less than 1. Discounted Payback Period is by

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Which of the following is true? A project has a positive NPV if its Profitability Index is less than 1. Discounted Payback Period is by definition Jonger than the Non-Discounted as long as the discount rate is greater than zero. a and b None of the above

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