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Which of the following statements regarding the internal rate of return is correct? The likelihood of accepting a project based on its IRR increases as
Which of the following statements regarding the internal rate of return is correct?
The likelihood of accepting a project based on its IRR increases as the company's discount rate decreases. | ||
The likelihood of accepting a project based on its IRR increases as the company's discount rate increases. | ||
There is no relationship between the decision to accept a project based on IRR and the company's discount rate. | ||
None of the above.
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