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Which of the following statements correctly describe the relation between a project's NPV and the hurdle rate? The higher the hurdle rate, the smaller the

Which of the following statements correctly describe the relation between a project's NPV and the hurdle rate? The higher the hurdle rate, the smaller the NPV. The lower the hurdle rate, the smaller the NPV. A change in the hurdle rate does not result in a change in the NPV

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