Exam question number 19
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Statement 1 says if IRR < r, NPV is negative
Statement 2 says if IRR < r, the project is accepted
I don't understand accepting a project with a NPV<0
Statement 1 says if IRR < r, NPV is negative
Statement 2 says if IRR < r, the project is accepted
I don't understand accepting a project with a NPV<0
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