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Select the correct answer: If a project has an Internal Rate of Return (IRR) of 10 percent then its Net Present Value (NPV) will be:

Select the correct answer:

If a project has an Internal Rate of Return (IRR) of 10 percent then its Net Present Value (NPV) will be:

A) Postive at a discount rate of 5 percent

B) Negative at a discount rate of 15 percent

C) both of (A) and (B)

D) neither (A) nor (B)

E) Impossible to determine

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