Discussion
For a single project, the rate of return and present worth criteria
Answer: C
Correct answer: always agree on acceptance or rejection
For a conventional cash flow the present worth falls steadily as the discount rate rises and crosses zero exactly once, at the internal rate of return. So a positive present worth at the required rate and an internal rate above that required rate are two statements of the same fact. They can disagree only when choosing between alternatives, not when accepting one.
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