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You are evaluating an investment project and learn the following: 1. The project's NPV at a discount rate of 20% is +$35,879 ii. The project's

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You are evaluating an investment project and learn the following: 1. The project's NPV at a discount rate of 20% is +$35,879 ii. The project's NPV at a discount rate of 24% is +$12,356 ili. The project's NPV at a discount rate of 26% is -$1,923 Based on (i)-(iii) above you know the project's IRR must be: O Less than 20% O Greater than 26% O Between 20% and 24% Between 24% and 26%

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