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A project should be accepted if: a. its IRR is greater than a risk-free rate of return. b. its NPV is greater than its IRR

  1. A project should be accepted if:

a. its IRR is greater than a risk-free rate of return.

b. its NPV is greater than its IRR

  1. its NPV is greater than the desired or target NPV.
  2. its NPV is greater than the initial investment.
  3. its NPV is greater than zero.

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