Question: Which is not true of the net present value method of determining the acceptability of an investment?Group of answer choicesNet cash flows from the investment
Which is not true of the net present value method of determining the acceptability of an investment?Group of answer choicesNet cash flows from the investment are estimatedThe net cash flows are discounted at an acceptable rate of returnThe initial cost of the investment is added to the net cash flowsA positive net present value of the cash flows is required
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