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