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The net present value (NPV) of a project is negative when the discount rate used is: a. less than the internal rate of return. b.
The net present value (NPV) of a project is negative when the discount rate used is:
a. less than the internal rate of return.
b. greater than the internal rate of return.
c. equal to the internal rate of return.
d. lower than the coupon rate of the bonds issued to finance the project.
e. equal to the yield to maturity of the bonds issued to finance the project.
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