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Project A has an internal rate of return (IRR) of 15 percent. Project B has an IRR of 14 percent. Both projects have a required
Project A has an internal rate of return (IRR) of 15 percent. Project B has an IRR of 14 percent. Both projects have a required return of 12 percent. Which of the following statements is most correct? (Assume the projects are not mutually exclusive.) If the required return were less than 12 percent, Project B would have a higher IRR than Project A. O Both projects have a negative net present value (NPV). O Both projects should be rejected. O Both projects should be accepted because the IRR is greater than the required return
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