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A project has normal cash flows ( i . e . there is an investment in year 0 and then positive cash flows in all

A project has normal cash flows

(

.

.

there is an investment in year

0

and then positive cash flows in all future years

) .

This project has a positive NPV

.

What can you conclude about the relationship between the project's IRR and WACC?

Group of answer choices

IRR

=

WACC

IRR

>

WACC

IRR

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