=2. Your company's weighted-average cost of capital is 11 percent. You believe the company should make a

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=2. Your company's weighted-average cost of capital is 11 percent. You believe the company should make a particular investment, but its internal rate of return is only 9 percent. What logical arguments would you use to convince your boss to make the investment despite its low rate of return? Is it possible that making investments with returns below capital cost will create value? If so, how?

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