A project has a required return of 15 percent and a five-year life. Which of the following is inconsistent with the other three? A) The
A project has a required return of 15 percent and a five-year life. Which of the following is inconsistent with the other three? A) The discounted payback is five years. B) The profitability index (PI) is one. C) The net present value (NPV) is positive. D) The internal rate of return (IRR) is 15 percent.
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Authors: Spyridon Maniotis
1st Edition
1804614343, 978-1804614341
