Question
Consider a standard project whose NPV is exactly $0. Which of the following is true of the same projects internal rate of return if the
Consider a standard project whose NPV is exactly $0. Which of the following is true of the same projects internal rate of return if the required rate of return is 14%?
| a. | The IRR < 0% | |
| b. | The IRR < 14% | |
| c. | The IRR = 0% | |
| d. | The IRR = 14% | |
| e. | The IRR > 0% |
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
6th Edition
1473749247, 9781473749245
