Posted by: Pdfprep
Post Date: January 17, 2021
You have a choice between 2 mutually exclusive investments.
If you require a 15% return, which investment should you choose?
A . Project A, because it has a smaller initial investment
B . Project B, because it has a higher NPV
C . Project A, because it has the higher internal rate of return
D . Either one, because they have the same profitability indexes
Answer: B