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Which of the following is true about the net present value (NPV) of a real estate investment? A positive NPV indicates that the projected earnings

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Which of the following is true about the net present value (NPV) of a real estate investment? A positive NPV indicates that the projected earnings generated by the investment - in present dollars - exceeds the anticipated costs, also in present dollars An investment made in year 0 does not have to be discounted as it is already in present value dollars The larger the discount rate, the larger the required rate of return O All answers are true

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