Question
The development manager is required to choose between two projects. Project A has an IRR of 15% and project B has an IRR of 25%.
The development manager is required to choose between two projects. Project A has an IRR of 15% and project B has an IRR of 25%. Which of the following statements is correct?
| A. | If she can invest only in one project, the manager will choose project B | |
| B. | If she can invest only in one project, the manager will choose project A | |
| C. | If she can invest in both projects, the manager will choose both projects A and B | |
| D. | None of the statements above is correct |
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955
