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Internal Rate of Return (IRR) is the discount rate that equates the present value of a projects future net cash flows with the projects initial

Internal Rate of Return (IRR) is the discount rate that equates the present value of a projects future net cash flows with the projects initial cash outlay.

True

False

NPV and IRR is related. If a project has a positive NPV, its IRR must be greater than the projects WACC.

True

False

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