question archive "The management of XYZ Corporation is considering investing $ 10,000 in project X that has an internal rate of return of 12%
Subject:FinancePrice:2.86 Bought18
"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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