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Which of the following statements is/are true about Net Present Value (NPV)?
Select ALL that apply.
Net Present Value calculations apply time value of money concepts to future cash inflows and cash outflows.
Net Present Value calculations are used to evaluate a potential project's benefits and costs.
Net Present Value is calculated by discounting future net cash flows from the investment at the project's required rate of return and subtracting off the initial investment.
Net Present Value does not use the hurdle rate in its calculations.