Question
A project has normal cash flows. Its IRR is 15 percent and its cost of capital is 10 percent. Which of the following statements is
A project has normal cash flows. Its IRR is 15 percent and its cost of capital is 10 percent. Which of the following statements is incorrect?
A. The project has only one negative cash flow
B. The project's MIRR is less than 15 percent but greater than 10 percent
C. The projects discounted payback is less than the project's payback
D. The project's NPV > 0
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Handbook Of Global Financial Markets
Authors: Sabri Boubaker, Duc Khuong Nguyen
1st Edition
9813236647, 978-9813236646
