A Capital Budgeting Project Has a Net Present Value of $30,000

question 41

Multiple Choice

A capital budgeting project has a net present value of $30,000 and a modified internal rate of return of 15%.The project's required rate of return is 13%.The internal rate of return is

• A) greater than $30,000.
• B) less than 13%.
• C) between 13% and 15%.
• D) greater than 15%

---

Definitions:

Reticular Formation

A complex network of nerve pathways in the brainstem that regulates consciousness and the sleep-wake cycle.

Cerebellum

A region of the brain at the back of the skull, responsible for coordinating voluntary movements and maintaining posture, balance, and equilibrium.

Motor Movements

Voluntary and involuntary actions produced by the muscles and the nervous system that result in movement of the body or parts of the body.

Diencephalon

A division of the brain lying between the midbrain and the cerebral hemispheres that includes the thalamus, hypothalamus, and third ventricle.