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If the net present value (NPV) of an investment is zero, then the internal rate of return (IRR) is: a. less than the hurdle rate.
If the net present value (NPV) of an investment is zero, then the internal rate of return (IRR) is:
| a. | less than the hurdle rate. |
| b. | more than the hurdle rate. |
| c. | equal to the hurdle rate. |
| d. | negative. |
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
14th Edition
978-0132960649, 132960648, 132109174, 978-0132109178
