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

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Finance

When the present value of the cash inflows exceeds the initial cost of a project, then the project should be:

Group of answer choices

Accepted because the payback period is less than the required time period.

Accepted because the profitability index is negative.

Rejected because the net present value is positive.

Accepted because the profitability index is greater than 1.

Rejected because the internal rate of return is negative.

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