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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 9: Net Present Value and Other Investment Criteria
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    A Firm That Only Accepts Projects for Which the IRR
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A Firm That Only Accepts Projects for Which the IRR

Question 333

Question 333

True/False

A firm that only accepts projects for which the IRR is equal to the firm's required return will, on average, neither create nor destroy wealth for its shareholders.

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