Question
A firm evaluates all of its projects by applying the IRR rule. The required return for the following project is 21 percent. The IRR is
A firm evaluates all of its projects by applying the IRR rule. The required return for the following project is 21 percent. The IRR is _____ percent and the firm should ______ the project.
| A. | 26.30 percent; reject | |
| B. | 16.05 percent; reject | |
| C. | 16.05 percent; accept | |
| D. | 24.26 percent; reject | |
| E. | 26.30 percent; accept |
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University Finances Accounting And Budgeting Principles For Higher Education
Authors: Dean O. Smith
1st Edition
1421427257, 978-1421427256
