Which of the following statements about net present value (NPV) is false?
a. NPV is computed by deducting the present value of a project's cash outflow from the present value of the cash inflows.
b. If the NPV is negative, the actual rate of return is less than the required rate of return.
c. If a project's NPV is zero, the project will break even.
d. If the discount rate increases, the NPV will decrease.
c
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A) ?Preferred stock B) ?Treasury stock C) ?Earned capital D) ?Additional paid-in capital
Today private sector union density is around:
A. 50 percent. B. 20 percent. C. 10 percent. D. 65 percent.
Young offered to sell his boat to Alvarez for $2,000 without knowing that the boat had just been destroyed. This agreement is
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