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When using internal rate of return for a capital budgeting decision a business would not purchase an asset (or reject a project) if the internal
When using internal rate of return for a capital budgeting decision a business would not purchase an asset (or reject a project) if the internal rate of return is less than the required rate of return internal rate of return isn't used in capital budgeting the required rate of return is less than the internal rate of return the internal rate of return is more than the required rate of return
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