Evaluate the following project using an IRR criterion, based on an opportunity cost of 10 percent: CF0 = -6,000, CF1 = +3,300, CF2 = +3,300.
A)accept, since IRR exceeds opportunity cost.
B)reject, since opportunity cost exceeds IRR.
C)accept, since opportunity cost exceeds IRR.
D)reject, since IRR exceeds opportunity cost.

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The Answer of Evaluate the following project using an IRR criterion, based on an opportunity cost of 10 percent: CF0 = -6,000, CF1 = +3,300, CF2 = +3,300.
A)accept, since IRR exceeds opportunity cost.
B)reject, since opportunity cost exceeds IRR.
C)accept, since opportunity cost exceeds IRR.
D)reject, since IRR exceeds opportunity cost.

Evaluate the Following Project Using an IRR Criterion, Based on an Opportunity