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A project has an up-front cost of $100,000. All subsequent cash flows are positive. The project's required return is 8 percent and its net present

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A project has an up-front cost of $100,000. All subsequent cash flows are positive. The project's required return is 8 percent and its net present value is $10,000. Which of the following statements is most correct? The project's internal rate of return equals 8 percent. You need more information to determine whether the internal rate of return is greater than, less than or equal to 8 percent. The project's internal rate of return is less than 8 percent. Ol really should have come to class more often. The project's internal rate of return is greater than 8 percent

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