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Evaluate the following project using an IRR criterion, based on comparing the opportunity cost of 5 % : C 0 = - $ 6 ,
Evaluate the following project using an IRR criterion, based on comparing the opportunity
cost of : $$$
a Reject; because the opportunity cost exceeds the IRR
b Accept; because the IRR exceeds the opportunity cost
c Accept; because the opportunity cost exceeds the IRR
d Reject; because the IRR exceeds the opportunity cost
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