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Which of the following statements is most correct regarding a normal projects NPV if the projects payback period is 5 years while its economic life
Which of the following statements is most correctregarding a normal projects NPV if the projects payback period is 5 years while its economic life is also 5 years, assuming a positive WACC?
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NPV must be positive.
NPV must be zero.
NPV must be negative.
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