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The NPV of a standard project -- a current outflow that is followed by inflows -- is $522. What can we say about the IRR

The NPV of a standard project -- a current outflow that is followed by inflows -- is $522. What can we say about the IRR of this same project if its required rate of return is 7.5%?

  1. The Projects IRR > 7.5%
  2. The Projects IRR < 7.5%
  3. The Projects IRR = 7.5%
  4. The Projects IRR = 0%

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