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If a project has a net present value of minus $80 (-$80), when a discount rate of 10 percent is used, what can be concluded
If a project has a net present value of minus $80 (-$80), when a discount rate of 10 percent is used, what can be concluded about the rate of return of the project?
The rate of return is greater than 10 percent.
The rate of return is less than 10 percent.
The rate of return equals 10 percent.
The rate of return is 0.
None of the above.
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