Question: Consider a standard project whose NPV is exactly $0. Which of the following is true of the same projects internal rate of return if the

Consider a standard project whose NPV is exactly $0. Which of the following is true of the same projects internal rate of return if the required rate of return is 14%?

a.

The IRR < 0%

b.

The IRR < 14%

c.

The IRR = 0%

d.

The IRR = 14%

e.

The IRR > 0%

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