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1(a). When NPV=0, then: Select one: a. IRR less than 0 b. IRR=required return c. IRR greater than 0 d. IRR greater than required return
1(a). When NPV=0, then: Select one:
a. IRR less than 0
b. IRR=required return
c. IRR greater than 0
d. IRR greater than required return
e. IRR=0
1(b). The relationship between NPV of a project and the required rate of return is: Select one:
a. positive
b. random
c. negative
d. determined by the relationship of NPV to IRR
e. none of the answers is correct
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