What would a project's excess present value index be if the project has an internal rate of return which is equal to the company's discount rate?
A) It would be 0.5.
B) It would be 1.0.
C) It would be 0.0.
D) It cannot be determined from information provided
Correct Answer:
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A) The number
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A) Is preferable to
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A) Is not
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