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Which of the following is TRUE about NPV? LO3 NPV is the ratio of a project's present value to the amount of resources consumed in

Which of the following is TRUE about NPV? LO3 NPV is the ratio of a project's present value to the amount of resources consumed in generating it. O NPV is the rate at which IRR equals $0. O NPV and IRR are equally reliable investment decision rules when evaluating mutually exclusive projects. O NPV is the difference between the present value of the benefits and the present value of the costs of a project.
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Which of the following is TRUE about NPV? LO3 NPV is the ratio of a project's present value to the amount of resources consumed in generating it. NPV is the rate at which IRR equals $0. NPV and IRR are equally reliable investment decision rules when evaluating mutually exclusive projects. NPV is the difference between the present value of the benefits and the present value of the costs of a project

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