A Project Has an Initial Cost of $20,000

question 142

Multiple Choice

A project has an initial cost of $20,000.00 and no another costs throughout the life of the project. Assuming the project has a PI of 1.23, the IRR is ____.

• A)greater than the discount rate
• B)lower than the discount rate
• C)equal to the discount rate
• D)not comparable to the discount rate

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Definitions:

Birds

A class of warm-blooded egg-laying vertebrates characterized by feathers, beaks, and typically the ability to fly.

Seeds

The reproductive unit of flowering plants, capable of developing into another such plant.

Thick Beaks

A characteristic of some birds that have evolved robust, heavy beaks to crush or crack hard food sources.

Chyme

Mix of food and gastric fluid.