Question
The internal rate of return may be unreliable as an indicator of whether or not an investment should be accepted under which one of the
The internal rate of return may be unreliable as an indicator of whether or not an investment should be accepted under which one of the following conditions?
A. The initial cash flow is positive.
B. One of the time periods within the investment period has a cash flow equal to zero.
C. The investment is mutually exclusive with another investment under consideration.
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R In Finance And Economics A Beginners Guide
Authors: Abhay Kumar Singh, David Edmund Allen
1st Edition
9813144467, 978-9813144460
