The net present value of a proposed investment is negative. therefore, the discount rate used must be:
a. greater than the project's internal rate of return.
b. less than the project's internal rate of return.
c. greater than the minimum required rate of return.
d. less than the minimum required rate of return.
Answers: 2
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The net present value of a proposed investment is negative. therefore, the discount rate used must b...
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