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The NPV of a project decreases with discount rater. When r=10%, NPV=$10 million; when r=11%, NPV=-$5 million. The IRR of this project must be Between
The NPV of a project decreases with discount rater. When r=10%, NPV=$10 million; when r=11%, NPV=-$5 million. The IRR of this project must be Between 10% and 11%. Above 11%. Not enough information. Below 10%
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