Question: You are calculating the NPV for a project and it is negative 5.0 while the IRR is 13%. Should you go forward with the project
You are calculating the NPV for a project and it is negative 5.0 while the IRR is 13%. Should you go forward with the project given that your company likes to move forward with projects with IRRs greater than 10%?
Group of answer choices
Yes, the IRR is greater than 10%
No, the NPV is negative
Can not determine. We do not know what the payback is
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