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Q. |
What is the net present value? |
A. | the future value of a project’s cash flows plus its initial cost |
B. | the present value of a project’s cash flows plus its initial cost |
C. | the future value of a project’s cash flows minus its initial cost |
D. | the present value of a project’s cash flows minus its initial cost |
Answer» D. the present value of a project’s cash flows minus its initial cost |
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