Whenever the Internal Rate of Return on a Project Equals

question 121

True/False

Whenever the internal rate of return on a project equals that project's required rate of return,the net present value equals zero.

---

Definitions:

Cultural Relativism

A principle that suggests the beliefs and activities of a society should be understood based on that society's own context rather than judged against the criteria of another.

Universalism

The ethical concept that some principles or values are universally applicable and must be respected across all cultures and situations.

International Business

Commercial activities that involve transactions of goods, services, or resources between companies or consumers across national borders.

Social Responsibility

The obligation of an organization to act in ways that benefit society at large, beyond its own interests.