Five Mutually Exclusive Projects Had the Following Information Which Project Is Preferred?
A)Project B
B)Project C
C)Project a l

question 93

Multiple Choice

Five mutually exclusive projects had the following information: $$\begin{array} { l c c c c c } & \mathrm { A } & \mathrm { B } & \mathrm { C } & \mathrm { D } & \mathrm { E } \\\begin{array} { l } \text { Net Present }\end{array} \\\text { Value } & \$ 16,000 & \$ 25,000 & \$ 30,000 & \$ 18,000 & \$ 13,000 \\\text { Internal Rate of } \\\text { Return } & 9 \% & 10 \% & 12 \% & 11 \% & 8 \% \end{array}$$ Which project is preferred?

• A)Project B
• B)Project C
• C)Project A
• D)Project D

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Definitions:

Rent

Payment made, typically on a monthly basis, for the use of someone else's property or land.

Complementary Resource

Assets or inputs that are used together with another resource to produce goods or services, increasing each other's value.

Price

The amount of money required to purchase a good or service.

Demand

How much of a good or service buyers intend and can afford to buy across different prices within a set timeframe.