Which one of the following statements is correct? a. If NPV is positive, IRR will be less than required rate of return b. If NPV = 0, IRR is equal to the required rate of return c. If NPV is positive, IRR is equal to the required rate of return d. If NPV is negative, IRR will be greater than the required rate of return e. None of the above

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
Section: Chapter Questions
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Which one of the following statements is correct?
a. If NPV is positive, IRR will be less than required rate of return
b. If NPV = 0, IRR is equal to the required rate of return
c. If NPV is positive, IRR is equal to the required rate of return
d. If NPV is negative, IRR will be greater than the required rate of return
e. None of the above 

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