The IRR Method Is Based on the Assumption That Projects

question 80

True/False

The IRR method is based on the assumption that projects' cash flows are reinvested at the project's risk-adjusted cost of capital.

---

Definitions:

Right From Wrong

The moral or ethical discernment individuals use to guide their behavior and decision-making.

Kohlberg

The last name of psychologist Lawrence Kohlberg, known for his theory of stages of moral development.