Question: BCD Corp. has a project whose Internal Rate of Return (IRR) is 9.12%. Which of the ollowing is true? Assume that the project consists of

 BCD Corp. has a project whose Internal Rate of Return (IRR)

BCD Corp. has a project whose Internal Rate of Return (IRR) is 9.12%. Which of the ollowing is true? Assume that the project consists of an initial investment (outflow) and subsequent earnings (inflow). The project will have a positive NPV if the interest/discount rate is higher than 9.12%. The project will have a negative NPV if the interest/discount rate is lower than 9.12%. The project will break even if the interest/discount rate is higher than 9.12%. None of the above (all of the other options are incorrect)

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