An investment with a cost of capital higher than its internal rate of return should be accepted. True or false

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 24Q: How does the size of the initial investment affect the internal rate of return on the net present...
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An investment with a cost of capital higher than its internal rate of return should be accepted.
True or false
Transcribed Image Text:An investment with a cost of capital higher than its internal rate of return should be accepted. True or false
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