Under the discounted cash flow approach, the project is acceptable if the--
a. Sum of the net present value of all estimated cash flow over the life of the project equals the profit b. Present value of the inflow is greater that the present value of the outflow by a specified amount or percentage c. Net present value of all future expected cash flow divided by the initial cash investment is greater than one d. Payback period occurs by the second year of the project
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