If the IRR is greater than the required rate of return, the:
a.present value of all the cash inflows will be greater than the initial outlay.
b.payback will be less than the life of the investment.
c.project should be rejected.
d.both a and b.
a.present value of all the cash inflows will be greater than the initial outlay.
b.payback will be less than the life of the investment.
c.project should be rejected.
d.both a and b.
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