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10 A firm is considering an investment opportunity. At a discount rate of 10%, the project has a positive net present value (NPV) of 3,548
10 A firm is considering an investment opportunity. At a discount rate of 10%, the project has a positive net present value (NPV) of 3,548 and at a discount rate of 15%, it has a negative NPV of 7.989. The firm's cost ofpital is 8%. What is the internal rate of return (IRR) of the project? 13.5% 12.5% 8.0% 11.5%
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