Question
When reviewing the NPV profile for a project with a normal cash flow stream: A. the IRR is a point on the horizontal axis line
When reviewing the NPV profile for a project with a normal cash flow stream:
A. the IRR is a point on the horizontal axis line where NPV=0.
B. the IRR is a point on the horizontal axis equal to the required return.
C. the higher the discount rate, the higher the IRR.
D. the higher the discount rate, the higher the NPV.
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
9th Edition
032431986X, 9780324319866
