If the required rate of return of a project is 17% and the IRR rate is calculated as 15%. Identify from the following the correct decision statement. a. Yes, we can Accept the project b. None of the options c. Yes, we can accept the project if required rate change to 14% d. No, we need to reject the project

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter8: Analysis Of Risk And Return
Section: Chapter Questions
Problem 2P
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If the required rate of return of a project is 17% and the IRR rate is calculated as 15%. Identify from the following the correct decision statement.
a.
Yes, we can Accept the project
b.
None of the options
c.
Yes, we can accept the project if required rate change to 14%
d.
No, we need to reject the project
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