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If the IRR is less than or equal to the companys required rate of return (often called the hurdle rate), the investment is accepted; otherwise,
If the IRR is less than or equal to the companys required rate of return (often called the hurdle rate), the investment is accepted; otherwise, the investment is rejected.
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College Accounting A Practical Approach Chapters 1-15
Authors: Jeffrey Slater
7th Edition
0130954888, 978-0130954886
