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A project has an NPV = $500 while it has a 12% IRR and a Payback Period of 3 years. The required rate of return

A project has an NPV = $500 while it has a 12% IRR and a Payback Period of 3 years. The required rate of return is 10% and the required Payback Period is 2 years.

rejected on the basis of IRR.

accepted on the basis of NPV.

accepted on the basis of Payback Period.

all of the above

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