Question: A project has a net present value of zero. Which one of the following best describes this project? The project has a zero percent rate
A project has a net present value of zero. Which one of the following best describes this project?
The project has a zero percent rate of return.
The project requires no initial cash investment.
The project has no cash flows.
The summation of all of the projects cash flow is zero.
The projects cash inflows equal its cash outflows in current dollar terms.
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