Debt financing to fund this project

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If an investment project has a negative net project value, when discounted at a cost of capital equal to 9%, the internal rate of return might be, 12% and an acceptable level for taking on the project, 7% and justifiable only if the payback period is less than 3 years, 8% and justifiable only if we use all debt financing to fund this project, or none of the above?

Reference no: EM13951594

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