The internal rate of return (IRR) rule can be best stated as: An investment is...

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The internal rate of return (IRR) rule can be best stated as: An investment is acceptable if its IRR is greater than the required rate of retum, else it should be rejected. An investment is acceptable if its IRR is greater than zero, else it should be rejected. An investment is acceptable if its IRR is greater than the net present value (NPV), else it should be rejected. An investment is acceptable if its IRR is greater than its payback period, else it should be rejected

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