Question
If a project has NPV equal to zero, all of the following are true EXCEPT: a. IRR is equal to the required rate of return
If a project has NPV equal to zero, all of the following are true EXCEPT: a. IRR is equal to the required rate of return b. The projects cash outflow equals the present value of the cash inflows c. The project has no impact on firm value d. The project earns more than the required rate of return
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Capital And Finance
Authors: Peter Lewin, Nicolás Cachanosky
1st Edition
0367514559, 978-0367514556
