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What decision should be made on a project of above-average risk if the project's IRR exceeds the company's WACC? A. Accept the project; NPV is
What decision should be made on a project of above-average risk if the project's IRR exceeds the company's WACC?
A. Accept the project; NPV is positive
B. Rejected the project; NPV is negative
C. Decide afte discounting at the IRR
D Decide after discounting at an appropriate rate
E Reject the project regardless of the NPV since it is too riky
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