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Under what conditions should you use internal rate of return (IRR) to rank two mutually exclusive projects? a. If and only if both projects have
Under what conditions should you use internal rate of return (IRR) to rank two mutually exclusive projects?
| a. | If and only if both projects have exactly one IRR |
| b. | If and only if cash flows for both projects are conventional |
| c. | If and only if cash flows for both projects are reverse conventional |
| d. | If and only if cash flows for both projects are conventional and the projects are of the same scale |
| e. | If and only if cash flows for both projects are conventional and the projects are of the same scale and the projects are similar in risk to the other projects the firm typically takes |
| f. | None of these |
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Derivative Products And Pricing The Das Swaps And Financial Derivatives Library
Authors: Satyajit Das
1st Edition
0470821647, 9780470821640
