Question
In theory the firm that is not faced with any type of spending constraint by management (ie capital Rationing) should: A) accept all project where
In theory the firm that is not faced with any type of spending constraint by management (ie capital Rationing) should:
A) accept all project where NPV is positive and reject all where IRR is greater than the firms WACC
B) accept all project where NPV is positive and IRR is greater than the WACC
C)reject all projects where NPV is positive and IRR is greater than the WACC
D) reject all projects where NPV is positive and reject all where IRR is greater than the firms WACC
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
