Question: Which statement is true about net present value (NPV)? If the NPV is greater than the cost of capital, a project should be accepted. If

Which statement is true about net present value (NPV)?

If the NPV is greater than the cost of capital, a project should be accepted.

If the NPV is greater than the initial investment, a project should be accepted.

If the NPV is negative, a project should be accepted.

If the NPV is positive, a project should be accepted.

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