Question: Question 4 (3 points) Laurie Corp. is considering the purchase of a new piece of equipment. When discounted at a hurdle rate of 14%, the

 Question 4 (3 points) Laurie Corp. is considering the purchase of

Question 4 (3 points) Laurie Corp. is considering the purchase of a new piece of equipment. When discounted at a hurdle rate of 14%, the project has a net present value of $24,600. When discounted at a hurdle rate of 19%, the project has a net present value of ($28,990). The internal rate of return of the project is: OA) greater than 19%. OB) between 14% and 19%. OC) zero. OD) between zero and 14%

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