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Which one of the following statements is NOT correct? If the initial cost of a protect is increased, the net present value of that project

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Which one of the following statements is NOT correct? If the initial cost of a protect is increased, the net present value of that project will decrease The MIRR is specifically designed to address conventional cash flows. If the internal rate of return equals the required return, the net present value Will equal zero Net present value is equal to the investment's cash inflows discounted to today's dollars minus the initial cost of the investment Net present value is negative when the required return exceeds the internal rate of return

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