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A project that has conventional/normal cash flows also has a required rate of return of 13.2 percent and an NPV of $2,750. Given these facts,
A project that has conventional/normal cash flows also has a required rate of return of 13.2 percent and an NPV of $2,750. Given these facts, we can say that:
A. | The project's internal rate of return cannot be 10 percent. | |
B. | The project's internal rate of return is equal to 13.2 percent. | |
C. | The project's internal rate of return is less than 13.2 percent. | |
D. | The project's internal rate of return is greater than 13.2 percent. |
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