Question
Which one of the following indicates a project should be accepted? 1. NPV = -$2,281 2. IRR = 13.8 percent; Required return = 14.5 percent
Which one of the following indicates a project should be accepted?
| 1. | NPV = -$2,281 | |
| 2. | IRR = 13.8 percent; Required return = 14.5 percent | |
| 3. | Discounted payback = 3.41 years; Required discounted payback = 3 years | |
| 4. | None of the above |
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
