微信扫一扫
实时资讯全掌握
As the director of capital budgeting for Denver Corporation, an analyst is evaluating two mutually exclusive projects with the following net cash flows:
If Denver's cost of capital is 15%, which project should be chosen? A. Project X, since it has the higher IRR. B. Project X, since it has the higher net present value (NPV). C. Neither project. |