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If the NPV of a project is positive, then A. the discount rate used for the future expected cash flows is greater than the IRR
If the NPV of a project is positive, then
A. the discount rate used for the future expected cash flows is greater than the IRR of the project.
B. the discount rate used for the future expected cash flows is less than the IRR of the project.
C. the discount rate used for the future expected cash flows is equal to the IRR of the project.
D. the discount rate used for the future expected cash flows is zero.
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