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Which of the following statements is TRUE? a. The NPV increases as the cost of capital increases. b. The vertical intercept on the NPV Profile

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Which of the following statements is TRUE? a. The NPV increases as the cost of capital increases. b. The vertical intercept on the NPV Profile graph can be found by taking the sum of all of the project's undiscounted cash flows. C. The IRR is the discount rate that makes the NPV greater than zero. d. IRR is a reliable measure for non-conventional cash flows and mutually exclusive projects

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