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Assume Exxon Mobil Co. is considering a project that pays them $21,047.68 today, and in exchange they will have to make annual payments of $6,000

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Assume Exxon Mobil Co. is considering a project that pays them $21,047.68 today, and in exchange they will have to make annual payments of $6,000 for 7 consecutive years, starting in year 1. This project has an internal rate of return (IRR) of 21.00%. Suppose the discount rate available in the market is 5.00%, then according to the IRR rule Exxon Mobil Co. should: O reject the project Obe indifferent O accept the project O gather more information about the project

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