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Your company has asked you to evaluate a proposed joint venture with one of your competitors. You estimate that the project's discounted payback is equal

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Your company has asked you to evaluate a proposed joint venture with one of your competitors. You estimate that the project's discounted payback is equal to the project's life. Which of the following statements must be true? Multiple Choice The project's internal rate of return must be greater than the required return The project will not be acceptable under the payback rule The project's profitability index is equal to 1.0. The project must have a negative net present value. The nroiect will still be accentahle if the discount rate is increased

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