Question: 1. What is the net present value rule? How does one determine net present value? 2. What is the internal rate of return rule? How

1. What is the net present value rule? How does one determine net present value?

2. What is the internal rate of return rule? How does one determine internal rate of return?

3. What role does cost of capital have in making investment decisions when using the net present value rule and when using the internal rate of return rule?

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