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Which of the Following Statements Is Correct

Question 1

Multiple Choice

Which of the following statements is correct?


A) From 1977 to 2001, the percentage of firms that used the NPV rule for making investment decisions increased from less than 50% to 74.9%.
B) From 1977 to 2001, the percentage of firms that used the NPV rule for making investment decisions increased from 9.8% to less than 50%.
C) From 1977 to 2001, the percentage of firms that used the NPV rule for making investment decisions increased from 9.8% to 74.9%.
D) From 1977 to 2001, the percentage of firms that used the NPV rule for making investment decisions decreased from 75% to 74.9%.

Correct Answer:

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