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An investment has a positive Net Present Value of $1,000,000 when discounted at the WACC. It also has a positive Internal Rate of Return of

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An investment has a positive Net Present Value of $1,000,000 when discounted at the WACC. It also has a positive Internal Rate of Return of 6%. Describe what WACC represents? (1 mark) What do we know about the numerical value of WACC in this instance? (1 mark) Av B

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