Evaluate the following project using an IRR criterion,based on an opportunity cost of 10%: C0= -6,000,C1= +3,300,C2= +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.
Correct Answer:
Verified
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