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Business, 05.07.2020 01:01 LEXIEXO

You are the finance officer for a firm that produces flimflams and you are considering a research and development program that costs $1,000 today (that is, no need for discounting) and is expected to yield a return of $1,200 at the end of 3 years. If you have a discount rate of 0% and if the net present value > 0 is the only decision criteria, then you should do the research and development. A. TrueB. False

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