Question
Which one of the following indicates a project should be accepted? A) NPV= -$281 b) PI = 1.02 c) IRR=13.8 percent; Required return=14.2 percent d)
Which one of the following indicates a project should be accepted?
A) NPV= -$281
b) PI = 1.02
c) IRR=13.8 percent; Required return=14.2 percent
d) Payback - 3.31 years; Required payback =3.25 years
Is b correct? if not which one is correct and why?
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
3rd Edition
133427889, 978-0133427882
