Which one of the following indicates that a project should be accepted? Assume the cash...
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Finance
Which one of the following indicates that a project should be accepted? Assume the cash flows are normal, i.e., the initial cash flow is negative.
a) Negative net present value
b) Payback period that is shorter than the given requirement period
c) Average accounting return is lower than the given requirement
d) Profitability index less than 1.0
e) Internal rate of return is lower than the required return
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