Question
Which of the following statements related to IRR are incorrect? a) IRR is the most important alternative to NPV b) IRR is based entirely on
Which of the following statements related to IRR are incorrect?
a) IRR is the most important alternative to NPV
b) IRR is based entirely on the estimated cash flows
c) IRR is the discount rate that makes the NPV of an investment = 0
d) An investment project is acceptable if the IRR > the required rate of return
e) IRR can be used in Nonconventional cash flows
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Management Foundations A Pacific Rim Focus
Authors: Kathryn Bartol, Margaret Tein, Graham Matthews, Bishnu Sharma, Brenda Scott Ladd
3rd Edition
978-0070284944, 0070284946
