Question
A firm with a cost of capital of 13 percent is evaluating three independent projects. The internal rates of return are as follows: Project IRR
A firm with a cost of capital of 13 percent is evaluating three independent projects. The internal rates of return are as follows:
| Project | IRR |
| 1 | 15% |
| 2 | 12% |
| 3 | 14% |
The firm should
| a. accept Project 2 and reject Projects 1 and 3. | ||
| b. accept Projects 1 and 3 and reject Project 2. | ||
| c. accept Project 1 and reject Projects 2 and 3. | ||
| d. accept Project 3 and reject Projects 1 and 2 |
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The Ultimate Guide To Rental Property Investing
Authors: John Malatesta
1st Edition
979-8394902215
