Question
Which of the following statements is true about the internal rate of return (IRR)? a.If the IRR is less than the required rate of return,
Which of the following statements is true about the internal rate of return (IRR)?
a.If the IRR is less than the required rate of return, the firm is indifferent between accepting or rejecting the investment proposal.
b.If the IRR is greater than the required rate, the project is deemed acceptable.
c.If the IRR is less than the required rate of return, the project is deemed acceptable.
d.If the IRR is greater than the required rate of return, the firm is indifferent between accepting or rejecting the investment proposal.
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Operational Auditing An Introduction With Suggested Answers To Discussion Questions
Authors: Darwin J. Casler
1st Edition
0894130978, 978-0894130977
