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Question 20 8 pts Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed
Question 20 8 pts Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows. The lower the WACC used to calculate it, the higher the calculated NPV will be. If a project's NPV is greater than zero, then its IRR must be less than zero. The NPV of a relatively low-risk project should be found using a relatively high WACC. If a project's NPV is less than zero, then its IRR must be larger than the WACC
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