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If you have a cost of capital of 12% and your project yields a negative NPV, what can you say for certain about the project?
If you have a cost of capital of 12% and your project yields a negative NPV, what can you say for certain about the project?
1. The project will have an IRR below 12%
2. The project will have an IRR equal to 12%.
3. The project should be accepted.
4. The project will have an IRR above 12%
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