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Tangarine Company is considering a project with an internal rate of return of 12%. Tangarine requires a minimum rate of return of 10%. The net

Tangarine Company is considering a project with an internal rate of return of 12%. Tangarine requires a minimum rate of return of 10%. The net present value of the project is:

a.negative.

b.equal to zero.

c.infinite.

d.positive.

e.None of these choices are correct.

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