Use the Table for the Question(s)below

question 15

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects with cash flows in $:
-An incremental IRR of Project B over Project A is closest to:

• A)12.6%.
• B)23.3%.
• C)1.7%.
• D)17.3%.

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Definitions:

Simple Events

In probability, a simple event is a single outcome within a sample space, not composed of other events.

Probability

A measure of the likelihood that an event will occur, ranging from 0 (impossibility) to 1 (certainty).

Combinations

The selection of items from a collection such that the order of selection does not matter.

Class

In the context of data, a grouping or categorization according to shared characteristics; in education, an organized period of instruction.