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What will happen to the internal rate of return (IRR) of a project if the discount rate is decreased from 9% to 7% ? We

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What will happen to the internal rate of return (IRR) of a project if the discount rate is decreased from 9% to 7% ? We cannot determine the direction of the effect on IRk from the information provided IRR will always decrease. IRR will aways increase. The discount rate change will not affect IRR

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