Question
What would a project's excess present value index be if the project has an internal rate of return which is equal to the company's discount
What would a project's excess present value index be if the project has an internal rate of return which is equal to the company's discount rate?
Select one:
A. It would be 0.5.
B. It would be 1.0.
C. It would be 0.0.
D. It cannot be determined from information provided.
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Keys To Reading An Annual Report
Authors: George T. Friedlob, Ralph E. Welton
4th Edition
0764139150, 978-0764139154
