Question
A project is accepted if its IRR is: a. less than or equal to the hurdle rate a. greater than the NPV b. equal to
A project is accepted if its IRR is:
a. less than or equal to the hurdle rate
a. greater than the NPV b. equal to the NPV c. equal to or greater than the hurdle rate
If the NPV of a project is $500 and the required rate of return is 8%, the IRR must be:
a. > 8% b. = 8% c. < 8%
d. none of the above is necessarily true
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The New Public Finance
Authors: Inge Kaul, Pedro Condeicao
1st Edition
0195179978, 978-0195179972
