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Hobart Corporation evaluates capital projects using a variety of performance screens, including a hurdle rate of 16% and payback period of 3 years or less.
Hobart Corporation evaluates capital projects using a variety of performance screens, including a hurdle rate of 16% and payback period of 3 years or less. Management is completing a review of a project on the basis of these projections: The projected internal rate of return is 20%. Which one of the following alternatives reflects the appropriate conclusions for the indicated evaluative measures? answer a answer b answer c answer d
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