Multiple Choice
In order for an investment project to be profitable
A) the appropriately discounted return on the investment must be greater than the investment's cost.
B) the appropriately discounted return on the investment must be less than the investment's cost.
C) the appropriately discounted return on the investment must be greater than the appropriate interest rate.
D) the appropriately discounted return on the investment must be less than the appropriate interest rate.
Correct Answer:
Verified
Correct Answer:
Verified
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