Refer to the Table Below,which Shows the Results of Payback,net

question 53

Multiple Choice

Refer to the table below,which shows the results of payback,net present value,and internal rate of return analysis of four projects.Which is preferred by the internal rate of return criterion?

• A)A
• B)B
• C)C

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Definitions:

Quantity Theory

A theory in economics that argues the general price level of goods and services is directly proportional to the amount of money in circulation.

Equation of Exchange

An economic equation that relates the quantity of money, its velocity, and the price level of goods and services to the nominal value of transactions.

Inflation Rate

The uptick in percentage of goods and services' prices in an economy throughout a certain duration.

Annual Income

The total amount of income earned over a year from all sources including wages, salaries, bonuses, dividends, and interest.