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If a project has _________ IRR(s), we should __________ . Assume this project is competing with other projects that the firm is evaluating. A. a
If a project has _________ IRR(s), we should __________ . Assume this project is competing with other projects that the firm is evaluating. A. a single; accept the project any time IRR > WACC B. multiple, assume that the highest IRR is correct. C. multiple, assume that the lowest IRR is correct. D. multiple, assume that the average of the IRRs is a reasonable estimate. E. multiple, we should not rely on the IRR criterion. |
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