Question: Question 22 1.56 pts ABCD Corp. has a project whose Internal Rate of Return (IRR) is 11.25%. Which of the following is true? Assume the

Question 22 1.56 pts ABCD Corp. has a project whose Internal Rate of Return (IRR) is 11.25%. Which of the following is true? Assume the project consists of an initial investment/cash outflow and future returns/cash inflow. O The project will have a positive NPV if the interest/discount rate is 11.25%. The project will have a negative NPV if the interest/discount rate is higher than 11.25%. We need more information than just Internal Rate of Return (IRR) to observe whether the project will be profitable at a given interest/discount rate. None of the above (all of the other options are incorrect)
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