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Carol also calculated the IRR of a project is 16%. She knows the project has an NPV of $2.3 million she uses a discount rate
Carol also calculated the IRR of a project is 16%. She knows the project has an NPV of $2.3 million she uses a discount rate of 14% therefore she knows that the investment must be greater than $2.3 million. True False Step by Step Solution
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
