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The evaluation of a project requiring a large capital investment has yielded an NPV (net present value) of $20 106. If the internal hurdle rate
The evaluation of a project requiring a large capital investment has yielded an NPV (net present value) of $20 106. If the internal hurdle rate for this project was set at 10% p.a., will the DCFROR (discounted cash flow rate of return) be greater or less than 10%? Explain.
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