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1. Which one of the following indicates a project has an internal rate of return that exceeds its required return? Comment on your answer a.
1. Which one of the following indicates a project has an internal rate of return that exceeds its required return? Comment on your answer a. a positive NPV b. a payback period that exceeds the required period c. a PI less than 1.0 d. a positive accounting rate of return e. an AAR that is less than the required rate
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