Which of the Following Statement Is True

question 71

Multiple Choice

Which of the following statement is true?

• A)One must know the discount rate to compute the NPV of a project but one can compute the IRR without referring to the discount rate.
• B)One must know the discount rate to compute the IRR of a project but one can compute the NPV without referring to the discount rate.
• C)Payback accounts for time value of money.
• D)There will always be one IRR regardless of cash flows.
• E)Average accounting return is the ratio of total assets to total net income.