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Brett calculated that the net present value of his investment would be zero with a 15% internal rate of return. This means that the project
Brett calculated that the net present value of his investment would be zero with a 15% internal rate of return. This means that
the project will pay back the investment in 15 years. | ||
the project has no value. | ||
Brett made a mistake in his calculations. | ||
Brett should compare other factors to determine the value of the investment to the company. |
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