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Question 3 Suppose the IRR of a project is 14%. Your required return...

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Accounting

Question 3
Suppose the IRR of a project is 14%. Your required return is also 14%. How much will the firm value increase/decrease if you accept this project?
Firm value will increase by 14% of the initial investment
Firm value will neither increase nor decrease.
Firm value will decrease by 14% of the initial investment
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