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Which of the following is a true statement concerning the relationship between NPV and IRR as Rol methods of capital budget decision making? If NPV

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Which of the following is a true statement concerning the relationship between NPV and IRR as Rol methods of capital budget decision making? If NPV is positive, IRR will be less than the discount rate If NPV is positive, IRR will be greater than the discount rate If NPV is negative, IRR will be greater than the discount rate If NPV is positive, IRR will be equal to the discount rate

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