If a project has a positive net present value using a discount rate of 6%, the project's internal rate of return is greater than 6%.

Question

Quizplus · Accepted Answer

The internal rate of return (IRR) is the discount rate at which the net present value (NPV) of a project equals zero. If a project has a positive NPV at a 6% discount rate, it means the project's IRR must be higher than 6% to bring the NPV down to zero.

If a Project Has a Positive Net Present Value Using