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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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