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a) Has an Internal rate of return greater than16%
B) Has an internal rate of return equal to investment
c) Has an internal rate of return less than16%
d) None of the above.
NPV is postive means project is profitable. NPV is positive when initial outlay is less then the present value
The positive net present value indicates that the project's internal rate of return is greater than 16%. It also indicates that the project's profitability index is greater than 1.
(a) has an internal rate of return greater than16%
