Multiple Choice
An independent,financing type project has an IRR of 11.4 percent and a required rate of return of 10.6 percent.Given this,you know the
A) initial cash flow is negative.
B) net present value is positive.
C) cash flows are conventional.
D) accept/reject decision cannot be based on the IRR.
E) project should be rejected.
Correct Answer:
Verified
Correct Answer:
Verified
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