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QUESTION
An analyst has conducted thorough analysis and has estimated the net present value (NPV) of a project to be $2.3 million, the internal rate of return...
An analyst has conducted thorough analysis and has estimated the net present value (NPV) of a project to be $2.3 million, the internal rate of return (IRR) to be 11%, and the payback period to be 4.24 years.
Should the company recommend that the capital project be accepted?
