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If a project's net present value (NPV) is positive: It is not an acceptable project. The firm's required rate of return is not attainable. It

If a project's net present value (NPV) is positive:

It is not an acceptable project.

The firm's required rate of return is not attainable.

It is an acceptable investment

Its internal rate of return (IRR) is equal to the firm's required rate of return.

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