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What is the decision rule for accepting or rejecting proposed projects when using net present value?
When going with the net present value decision rule any project with a net present value greater than or equal to zero would be acceptable. If any project with a negative net present value would be discarded.
What is the time value of money? The meaning of time value of money is that money you hold in your hand today is worth much more than money you suppose to receive in the future
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