If the IRR for a Project Is 15 Percent, Then

question 14

Multiple Choice

If the IRR for a project is 15 percent, then the Project's NPV would be:

• A)negative at a discount rate of 10 percent.
• B)positive at a discount rate of 20 percent.
• C)negative at a discount rate of 20 percent.
• D)positive at a discount rate of 15 percent.