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Which of the following statements is (are) true about NPV as an investment valuation method: (i) NPV should be used when capital is not rationed.

Which of the following statements is (are) true about NPV as an investment valuation method: (i) NPV should be used when capital is not rationed. (ii) NPV is only useful if the cash flows are positive. (iii) NPV measures the extra value investors would receive when accepting a project

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