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If the Discount Rate for a series discounted cash flows equals 6%, and the Net...

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Accounting

If the Discount Rate for a series discounted cash flows equals 6%, and the Net Present Value of Expected Values equals $100,000, which of the following accurately describes the IRR?

  • 1.The IRR is higher than 6%
  • 2.The IRR equals 6%
  • 3.The IRR is less than 6%
  • 4.None of these

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