Question
If the NVP (Net Present Value) of a project with one sign reversal is positive, then the projects IRR (Internal Rate of Return) ______ the
If the NVP (Net Present Value) of a project with one sign reversal is positive, then the projects IRR (Internal Rate of Return) ______ the required rate of return.
a) could be greater or less then
b) must be greater then
c) must be less then
d) Cannot be determined without actual cash flows
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
