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Crete Inc. is investing in an expansion that has a net present value (NPV) of $200. If the discount rate is 5%, which of the

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Crete Inc. is investing in an expansion that has a net present value (NPV) of $200. If the discount rate is 5%, which of the following statements regarding the IRR is correct? The internal rate of return is 5% The internal rate of return is less than 5% Not possible to determine the internal rate of return with cashflows of the expansion The internal rate of return is more than 5%

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