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If the internal rate of return of an investment in equipment is equal to the discount rate: A) the net present value of the investment

If the internal rate of return of an investment in equipment is equal to the discount rate: A) the net present value of the investment will be zero. B) the payback period of the investment will be equal to the useful life of the equipment. C) neither A nor B above will be true. D) both A and B above will be true

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