Question
Evaluate the following two statements about capital budgeting. If IRR is greater than required rate of return, then NPV is positive. If profitability index is
Evaluate the following two statements about capital budgeting.
If IRR is greater than required rate of return, then NPV is positive. If profitability index is less than 1, NPV must be negative.
A. I and II are correct.
B. I is Correct.
C. II is correct.
D. Both are wrong!
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
