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You are considering an Investment project with an Internal rate of return of 8.7 percent, a net present value of $393, and a payback period
You are considering an Investment project with an Internal rate of return of 8.7 percent, a net present value of $393, and a payback period of 2.44 years. Which one of the following is correct given this information? Multiple Choice 0 The discount rate used to compute the net present value is equal to the Internal rate of return O The discounted payback period will be less than 2.44 years. 0 The required payback period must be greater than 2.44 years. O The discount rate used in computing the net present value was less than 8.7 percent. This project should be rejected based on the net present value
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