Multiple Choice
Under the IRR analysis, which of the following statements best describes the decision rule for potential investments?
A) If the IRR of a potential investment is equal to or greater than the investor's required rate of return, the investment should be undertaken.
B) If the IRR is equal to or greater than the NPV of the investment, the investment should be undertaken.
C) If IRR is equal to or greater than breakeven point, the investment should be undertaken.
D) None of the above are true about IRR (internal rate of return) .
Correct Answer:
Verified
Correct Answer:
Verified
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