Question: A project with higher than average risk has an IRR of 16%. Which statement is correct if the company's opportunity cost of capital is 17%
A project with higher than average risk has an IRR of 16%. Which statement is correct if the company's opportunity cost of capital is 17% and the project's opportunity cost of capital is 15%? O Project NPV is positive; it should be accepted, Project NPV is negative; it should be rejected. Project NPV is positive but it should be rejected. O Project NPV is negative but it should be accepted
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