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Your company's weighted-average cost of capital is 11 percent. It is planning to undertake a project with an internal rate of return of 14%, but

Your company's weighted-average cost of capital is 11 percent. It is planning to undertake a project with an internal rate of return of 14%, but you believe this project is not a wise investment. What logical arguments would you use to convince your boss to forego the project despite its high rate of return?

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