Question
1.Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT? A.A project's IRR increases as the discount rate
1.Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT?
A.A project's IRR increases as the discount rate declines.
B.A project's NPV increases as the discount rate declines.
C.A project's regular payback increases as the discount rate declines.
D.A project's discounted payback increases as the discount rate declines.
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
