Would you expect the npv of the project to be positive or


Assume that a project has an internal rate of return of 21 percent and a discount rate of 20 percent. Would you expect the NPV of the project to be positive or negative? Should the firm accept the project? Discuss the resulting NPV when the IRR is below the discount rate and when the IRR is equal to the discount rate.

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Financial Management: Would you expect the npv of the project to be positive or
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