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Which of the following statements is most correct? a. If a project's IRR exceeds the required return, then the project's NPV must be negative. b.
Which of the following statements is most correct?
a. If a project's IRR exceeds the required return, then the project's NPV must be negative.
b. If project A has a higher IRR than Project B, then Project A must also have a higher NPV.
c. If IRR calculation implicitly assumes that all cash flowa are reinvested at a rate of return equal to the IRR.
d. A project with an NPV = 0 is not acceptable.
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