Select the best response.

The IRR and NPV investment criteria always result in the same accept or reject decision for an investment project. a. True b. False Corporate bonds are shown on the balance sheet as: a. Retained Earnings b. Equity c. Debt Based on the IRR Rule, an investment is acceptable if the IRR exceeds the: a. Weighted Average Cost of Capital b. Market Interest Rates c. The Risk -Free Rate of Return Stock is shown on the balance sheet as: a. Retained Earnings b. Equity c. Debt The IRR is the discount rate at which the investment in the project is equal to the a. The discounted cash flows from the project b. The salvage value of the project E. The flotation costs of the project