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critical thinking Warrior Industries has been installing a pipeline at a cost of $16 mill

 critical thinking Warrior Industries has been installing a pipeline at a cost of $16 million. This independent project will last for 8 years and has a required rate of return of 14%. All net cash inflows after the initial investment are positive. The NPV of the project is $1,100,000. Which of the following is true?

The IRR should be higher than 14%.

Not enough information has been given with which to estimate the level of the IRR.

The IRR should be less than 14%.

The IRR should equal 14%.

Dec 04 2019 Read more Less More

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