Kenner Company is considering two projects.
Present value of an Annuity of $1 in Arrears
- Which of the two projects, A or B, is better in terms of internal rate of return?
A) project A with an IRR of 12%
B) project B with an IRR of 14%
C) project A with an IRR of 10%
D) project B with an IRR of 10%
E) both projects have the same IRR
Correct Answer:
Verified
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