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Carol calculated the NPV of a proposed factory expansion to be $2.3 million. She used a discount rate of 10%. The IRR of this project

image text in transcribed Carol calculated the NPV of a proposed factory expansion to be $2.3 million. She used a discount rate of 10%. The IRR of this project is: Less than 10% More than 10% Can't tell from data given The company should do the project

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