Question: project z has normal cash flows with one single negative cash flow at t=0 and all cash flows after t=0 are positive. If its NPV
project z has normal cash flows with one single negative cash flow at t=0 and all cash flows after t=0 are positive. If its NPV is negative then PI is...
a. negative
b. positive and more than 1
c. positive and less than 1
d. zero
e. infinity
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