Explain capital budgeting project


A capital budgeting project has a net present value of $10,000 and a modified internal rate of return of 13%. The project's required rate of return is 11 %. The internal rate of return is.Greater than 13 %

  • Less than 11 %
  • Between 11% and 13%
  • Less than $10,000

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Accounting Basics: Explain capital budgeting project
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