Question: What does net present value represent? What does net present value represent? The excess value, above what is required, which the proposal is expected to
What does net present value represent? What does net present value represent? The excess value, above what is required, which the proposal is expected to create. The rate of return which the proposed project must exceed to be successful. The time during which a project has not yet recouped its initial outlay. The intensity of the benefit, based on cash-out versus cash-in, which a proposal is expected to create. Choose one
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