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A 5 year project with conventional cash flows has a positive NPV using the firms WACC. Given that fact, we also know that the projects
A 5 year project with conventional cash flows has a positive NPV using the firms WACC. Given that fact, we also know that the projects IRR is _______ the WACC and the projects payback period is _______ 5 years.
a. greater than; greater than
b. less than; greater than
c. less than; less than
d. greater than; less than
e. equal to; equal to
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