Question: Identify the following statement regarding the net present value method used in capital budgeting that is not true: it uses a discount rate to perform

Identify the following statement regarding the net present value method used in capital budgeting that is not true: 


 it uses a discount rate to perform present value calculations. 


it considers the time value of money. 


it calculates the present value of future cash flows. 


it calculates the proposal's rate of return.

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