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? Which of the following statements is most correct.8 If a project's internal rate of return (IRR) exceeds the cost of capital, then the project's
? Which of the following statements is most correct.8 If a project's internal rate of return (IRR) exceeds the cost of capital, then the project's net present value (NPV) must be positive a O .The IRR calculation implicitly assumes that all cash flows are reinvested at a rate of return equal to the cost of capital bo If Project A has a higher IRR than Project B, then Project A must also have a higher NPV co
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