Question
A project requires an initial outlay of $10 million. If the cost of capital exceeds the project IRR, then the project has a(n): positive NPV.
A project requires an initial outlay of $10 million. If the cost of capital exceeds the project IRR, then the project has a(n):
positive NPV.
negative NPV.
acceptable payback period.
positive profitability index.
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
