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When the present value of the cash inflows exceeds the initial cost of a project,...

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When the present value of the cash inflows exceeds the initial cost of a project, then the project should be O accepted because the internal rate of return is negative O accepted because the profitability index is less than 1. O accepted because the profitability index is negative. O accepted because IRR is higher than the discount rate. rejected because the net present value is negative

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