Question: 3 (4 points) The hurdle rate is the minimum rate of return on an investment that will offset its costs. The internal rate of return

3 (4 points) The hurdle rate is the minimum rate of return on an investment that will offset its costs. The internal rate of return is the amount above the break-even point that an investment may earn. A favorable decision on a project can be expected only if the internal rate of return is below the hurdle rate. Question 3 options: True False

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