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A project has a 5-year life span. Including the Initial Outlay, the sum (not discounted) of all the FCFFs for the project = $0. What
| A project has a 5-year life span. Including the Initial Outlay, the sum (not discounted) | |
| of all the FCFFs for the project = $0. What do you know about IRR? | |
| A. | Equals WACC |
| B. | Less than WACC |
| C. | Equals 0.0% |
| D. | Less than 0.0% |
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
