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A car manufacturer offers either $6,000 cash back or zero percent financing for 6 years. A rational consumer will always take the cash back because
A car manufacturer offers either $6,000 cash back or zero percent financing for 6 years. A rational consumer will always take the cash back because money received today is worth more than money received in the future. True False
QUESTION 10 A project that has a rate of return exactly equal to its discount rate should be avoided since it doesn't add value to the corporation. True False
There is a positive relationship between a project's NPV and its required rate of return. True False
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