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finance Which of the following statements is MOST correct? If a project's internal rate of return (IRR) exceeds the required return, then the project's net
finance
Which of the following statements is MOST correct? If a project's internal rate of return (IRR) exceeds the required return, then the project's net present value (NPV) must be negative. If Project A has a higher IRR than Project B, then Project A must also have a higher NPV. The IRR calculation implicitly assumes that all cash flows are reinvested at a rate of return equal to the IRR. A project with a NPV =0 is not acceptableStep by Step Solution
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