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Which of the following statements is true? Select one: a. The higher the annual depreciation the higher the net present value of a project. b.

Which of the following statements is true? Select one:

a. The higher the annual depreciation the higher the net present value of a project.

b. The initial investment in net working capital is usually recuperated at the end of the projects useful life.

c. All of THESE

d. The lower the discount rate the higher the present value of the expected cash flows of a project.

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