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home / study / business / finance / finance questions and answers / You Are Considering A Project With The Following Data: IRR = 8.7 Percent; PI = .98; NPV = -$393; ... Question: You are considering a project with the following data: IRR = 8.7 percent; PI = .98; NPV = -$393; ... You are considering a project with the following data: IRR = 8.7 percent; NPV = -$393; Payback period = 2.44 years. Which one of the following statements is correct given this information? a. The discount rate used in computing the NPV was less than 8,7%. b. The discounted payback period will be less than 2.44 years. c. The discount rate used to compute the NPV is equal to the IRR. d. The required payback period must be greater than 2.44 years. e. This project should be rejected based on the NPV.

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