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What irr will be

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Question 1: A company's cost of capital is 10% and it uses that as the hurdle rate for capital budgeting. Using internal rate of return (IRR), if a project is acceptable to management, then IRR will be:

A. Lower than 10%.

B. Greater than or equal to 10%.

C. Cannot be determined from the information given.

Reference no: EM132524111

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