If a capital-budgeting project has a positive NPV, the IRR is a. Greater than the discount rate

Question:

If a capital-budgeting project has a positive NPV, the IRR is

a. Greater than the discount rate

b. Less than the discount rate

c. Equal to the discount rate

d. A positive dollar value

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: