What are the three reasons why IRR is used more than NPV?
A) It is thought (wrongly) to give a better ranking.
B) It results in more projects being accepted.
C) It can be calculated without cost of capital.
D) A psychological preference for a percentage
Correct Answer:
Verified
Q2: What term is used for the ratio
Q3: Which of the following statements is false?
A)
Q4: Which of the following best reflects practice
Q5: Which of the following statements accurately relates
Q6: Which three of the following are drawbacks
Q7: Which three of the following accurately relate
Q8: Comparing net present value and internal rate
Q9: Which three of the following statements about
Q10: A firm is evaluating two independent projects
Q11: Payback is considered an unsophisticated capital budgeting
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