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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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