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Which one of these best describes the NPV profile given non-normal cash flows? Multiple choice question. The profile will switch between downward-sloping and horizontal at
Which one of these best describes the NPV profile given non-normal cash flows? Multiple choice question. The profile will switch between downward-sloping and horizontal at least once. The profile will switch from downward-sloping to upward-sloping at least once. The profile will be upward-sloping rather than downward-sloping. The profile will be either downward-sloping or upward-sloping but which depends upon the specific project
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