Evaluate the Following Project Using an IRR Criterion, Based on an Opportunity

question 57

Multiple Choice

Evaluate the following project using an IRR criterion, based on an opportunity cost of 10 percent: CF₀ = -6,000, CF₁ = +3,300, CF₂ = +3,300.

• A)Accept, since IRR exceeds opportunity cost
• B)Reject, since opportunity cost exceeds IRR
• C)Accept, since opportunity cost exceeds IRR
• D)Reject, since IRR exceeds opportunity cost

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Definitions:

Anatomically Modern

Describing human beings that resemble modern humans in terms of skeletal structure and morphology, with features distinct from earlier forms of human ancestors.

H. Sapiens

Homo sapiens, the species name for modern humans, characterized by bipedalism and complex brain development.

Bipedal Locomotion

The ability to move by walking on two legs, characteristic of humans and some animals.

Supraorbital Ridges

The bony ridges located above the eye sockets, prominent in some primates including humans.