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You have been offered a very long - term investment opportunity to increase your money one hundredfold. You can invest $ 6 0 0 today

You have been offered a very long-term investment opportunity to increase your money one hundredfold. You can invest $ 600 today and expect to receive $ 60,000 in 40 years. Your cost of capital for this(very risky) opportunity is 15%. What does the IRR rule say about whether the investment should be undertaken? What about the NPV rule? Do they agree?

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