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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 ______

  1. Greater than 13 %
  2. Less than 11 %
  3. Between 11% and 13%
  4. Less than $10,000

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9109046

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