Question: please answer the questions Consider a project with initial cost of $10 million dollars. It will provide $11 million in net benefits using a 7%

 please answer the questions Consider a project with initial cost of

please answer the questions

Consider a project with initial cost of $10 million dollars. It will provide $11 million in net benefits using a 7% discount rate. 6. What is the decision rule? Why? 7. (Master's Students Only) Without calculating IRR, would the IRR be less than, equal to, or greater than 7% ? How do you know that? (Hint: your answer to the previous question helps in answering this question)

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