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16. You are evaluating the following project: Suppose the cost of capital is 20%. Which of the following statements are accurate about making the investment

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16. You are evaluating the following project: Suppose the cost of capital is 20%. Which of the following statements are accurate about making the investment decision? 1. Since the NPV is positive (-\$5.56), you should accept the project. I1. Since the IRR (=12%) is less than the cost of capital, you should reject the project. III. You would prefer using the MIRR to using the IRR when making an investment decision for this project. I and II 1.11 and 111 I and III Onty 1

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