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A project has unequal cash ows, and a manager guesses that the internal rate of return will be 10 percent. If the net present value

A project has unequal cash ows, and a manager guesses that the internal rate of return will be 10 percent. If the net present value is positive at 10 percent, then

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The internal rate of return is exactly 10 percent.

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The internal rate of return is greater than 10 percent.

The internal rate of return is less than 10 percent.

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