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Assume a given project's IRR (Internal Rate of Return) is 11.2%. Which of the following is true, if the project has conventional cash flows? The

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Assume a given project's IRR (Internal Rate of Return) is 11.2%. Which of the following is true, if the project has conventional cash flows? The project will break even (that is, will have the IRR of O) when the discount rate is higher than 11.2%. The project will break even (that is, will have NPV of O) when the discount rate is lower than 11.2%. The project will break even (that is, will have NPV of 0) when the discount rate is at 11.2%. We do not have sufficient information as to whether the project's NPV will be positive with only IRR and the discount rate

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