What does an net present value of zero imply

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What does an net present value of zero imply? 

The investment should be rejected even if the discount rate is lowered. 
The investment never pays back its initial cost. 
The investment has no initial cost. 
The investment  has an expected return that is less than the required return. 
The investment is earning a return that exactly matches the required return. 

Reference no: EM131023494

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