question archive "The management of XYZ Corporation is considering investing $ 10,000 in project X that has an internal rate of return of 12%

"The management of XYZ Corporation is considering investing $ 10,000 in project X that has an internal rate of return of 12%

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"The management of XYZ Corporation is considering investing $ 10,000 in project X that has an internal rate of return of 12%.Which of the following statements are true regarding the firm’s recommended course of action?

a. Reject Project X if the cost of capital to finance the project is over 12%.

b. Accept Project X if the cost of capital to finance the project is over 12%.

c. Reject Project X if the cost of capital to finance the project is Less than 12%.

d. None of the above

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