Multiple Choice
Assume a project has normal cash flows.Given this,you should accept the project
A) if,and only if,the NPV is exactly equal to zero.
B) only if the NPV is equal to the initial cash flow.
C) if the NPV is positive and reject it if the NPV is negative.
D) if the total cash inflows exceed the initial cash outflow.
E) because it has positive cash flows for every time period after the initial investment.
Correct Answer:

Verified
Correct Answer:
Verified
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