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Suppose that the project you are managing requires an initial expenditure of $10 million. If the cost of capital exceeds the project IRR, which of

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Suppose that the project you are managing requires an initial expenditure of $10 million. If the cost of capital exceeds the project IRR, which of the following is correct? the project has a positive NPV. the project has a negative NPV. the project has an acceptable payback period. the project has a positive profitability index

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