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If the Net Present Value of a particular investment is negative, and the Corporate Rate of Return is 12%, then the IRR must be what?
If the Net Present Value of a particular investment is negative, and the Corporate Rate of Return is 12%, then the IRR must be what?
1. | Any of the above is possible | |
2. | Unable to determine due to lack of information
| |
3. | Lower than 12% | |
4. | Higher than 12% | |
5. | Equal to 12% |
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