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StormLrd StormLrd
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6 years ago
A capital budgeting project will have a positive net present value if its return is less than the hurdle rate.
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Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
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wrote...
6 years ago
False
Explanation:  A capital budgeting project will have a positive net present value if its return is greater than the hurdle rate.
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