Question
Wrong investment decisions can occur if one relies on IRR instead of NPV when: a. projects are mutually exclusive b. projects are independent of one
Wrong investment decisions can occur if one relies on IRR instead of NPV when: a. projects are mutually exclusive b. projects are independent of one another c. a project has more than one NPV d. the first cash flow is negative and the remaining cash flows are positive e. the profitability index is greater than one
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Principles Of Investments
Authors: Alan Marcus, Zvi Bodie, Michael Drew, Anup Basu, Alex Kane
1st Edition
0071012389, 978-0071012386
