Multiple Choice
The relationship between NPV and IRR is such that :
A) both approaches always provide the same ranking of alternatives
B) the IRR of a project is equal to the firm's cost of capital when the NPV of a project is $0
C) if the NPV of a project is negative,then the IRR must be greater than the cost of capital
D) all of the above
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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