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The acceptance of an investment project implies that: Its IRR is greater than 15 percent. Its NPV is greater than its IRR. Its NPV is

The acceptance of an investment project implies that:

  1. Its IRR is greater than 15 percent.
  2. Its NPV is greater than its IRR.
  3. Its NPV is greater than 0.
  • A. 1
  • B. 2
  • C. 3
  • D. Both 2 and 3

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