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    Exam 3: Product Design and Development
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    A Firm Determines That Its IRR for a New Product
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A Firm Determines That Its IRR for a New Product

Question 92

Question 92

Multiple Choice

A firm determines that its IRR for a new product is 12%. For which discount rate does it make sense to develop the product?


A) 9%
B) 13%
C) 15%
D) 20%

Correct Answer:

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