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Which of the following statements is true? a)Investments that pay back in five years or less should always be accepted. b)Investments that have a positive
Which of the following statements is true?
a)Investments that pay back in five years or less should always be accepted.
b)Investments that have a positive net present value should always be accepted
. c)Investments that have a positive net present value should be considered for acceptance.
d)Investments that yield a positive internal rate of return should be accepted.
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