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Which of the following is a step required in the determination of the net-present value...

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Accounting

Which of the following is a step required in the determination of the net-present value of a capital investment project?

Select one:

A. Determine the net after-tax cash flow of initial outlay

B. Determine the net after-tax cash flows in future periods

C. Discount future cash flows to present values

D. Net the present value of future cash flows with current cash flows

E. All of the above

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