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What the project internal rate of return

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Reference no: EM133015571

Question - If a project costing $40000 has a profitability index of 1 and the discount rate was 24%, then what the project's internal rate of return?

a. greater than 24%.

b. less than 24%.

c. undeterminable.

d. equal to 24%.

Reference no: EM133015571

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