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The projected rate of return on a particular project is equal to the hurdle rate. Which statement is true? A. The payback period will be
The projected rate of return on a particular project is equal to the hurdle rate. Which statement is true?
A. The payback period will be longer than the period over which the return is expected to occur.
B. The project should be rejected.
C. A lower discount rate should be used.
D. The project should be accepted.
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