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A project has an up-front cost of $100,000. The project's WACC is 12 percent and its net present value is - $1,000. Which of the

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A project has an up-front cost of $100,000. The project's WACC is 12 percent and its net present value is - $1,000. Which of the following statements is most correct? A) The project should be accepted since its return is greater than the WACC. B) The project's internal rate of return is greater than 12 percent. C) The project's modified internal rate of return is less than 12 percent. D) All of the statements above are correct. E) None of the statements above is correct

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