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Rexburg Company is considering a capital budgeting project that will requee an initial vestment of $100.000 The required to remin 19 Thent present of the

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Rexburg Company is considering a capital budgeting project that will requee an initial vestment of $100.000 The required to remin 19 Thent present of the proposed project $15.000 Which of the following statements is true regarding this project? Any of the other three choices could be true The internal rate of return is exactly 12% The internal rate of return on the project is less than 12% The internal rate of return on the project is greater than 12%

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