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Question 2 1 pts Alcoa is considering a project that has an NPV of $32,600, an IRR of 15.1 percent, and a payback period of

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Question 2 1 pts Alcoa is considering a project that has an NPV of $32,600, an IRR of 15.1 percent, and a payback period of 3.2 years. The required return is 14.5 percent and the required payback period is 2.5 years. Which one of the following statements correctly applies to this project? The payback decision rule could override the accept decision indicated by the net present value. The net present value indicates accept while the internal rate of return indicates reject. The profitability index is likely less than one. Payback rule indicates acceptance

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