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Suppose You Used the PV Excel Function to Determine Whether

Question 24

Multiple Choice

Suppose you used the PV Excel function to determine whether an investment now would create enough profits in the future to be wise and it showed the PV to be $1 million This investment is


A) Wise
B) Unwise
C) Wise if you would have to invest less than $1 million to earn those profits and unwise otherwise.
D) Wise if you would have to invest more than $1 million to earn those profits and unwise otherwise.

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