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The internal rate of return method employs a hurdle rate when assessing investment opportunities. Which ONE of the following should the hurdle rate be based

The internal rate of return method employs a hurdle rate when assessing investment opportunities. Which ONE of the following should the hurdle rate be based upon?

A.

The dividend yield on the company's shares

B.

The target return on capital employed ratio

C.

The opportunity cost of finance

D.

The rate of interest on government securities

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