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If the IRR of an investment project is above the hurdle rate, that necessarily implies that the NPV of the project is _____ zero and

If the IRR of an investment project is above the hurdle rate, that necessarily implies that the NPV of the project is _____ zero and should be _____.

a.

above, accepted

b.

above, rejected

c.

below, accepted

d.

below, rejected

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