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20. Based on the NPV profiles below, which state page 4/5 thts A and B...

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Accounting

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20. Based on the NPV profiles below, which state page 4/5 thts A and B ? a) Investment A is always better than Investment B since its IRR is greater. b) If the discount rate is lower than 21%, Investment B is a better option than Investment A. c) If the discount rate is higher than 11.1%, Investment B is a better option than Investment A. d) If the discount rate is lower than 11.1%, Investment B is a better option than Investment A. e) Investment B is always better than Investment A

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