question archive Evaluate the following project using IRR criterion, based on an opportunity cost of 10%: CF0 = -6,000, CF1 = +3,500, CF2 = +3,600
Subject:FinancePrice: Bought3
Evaluate the following project using IRR criterion, based on an opportunity cost of 10%: CF0 = -6,000, CF1 = +3,500, CF2 = +3,600.
a) Accept, since opportunity cost exceeds IRR.
b) Reject, since IRR exceeds opportunity cost.
c) Reject, since opportunity cost exceeds IRR.
d) Accept, since exceeds opportunity cost.