An independent, financing type project has an IRR of 11.4 percent and a required rate of return of 10.6 percent. Given this, you know the Multiple...

An independent, financing type project has an IRR of 11.4 percent and a required rate of return of 10.6 percent. Given this, you know the

Multiple Choice

• project should be rejected.
• net present value is positive.
• cash flows are conventional.
• accept/reject decision cannot be based on the IRR.
• initial cash flow is negative.