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Managerial Accounting

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Internal Rate of Return and NPV

MGRACT-H13ZGV

If the internal rate of return for a project is equal to 12%, then the net present value of that project discounted at 12% would be

A

equal or very close to $0.

B

be some positive number greater than $0

C

be some negative number less than $0.

D

have no relationship to internal rate of return for the project.