York Properties has a discount rate of 9% and is considering two projects. Project A has an IRR of 28% and an NPV of $32 million. Project B has an IRR of 22% and an NPV of $41 million. Which project maximizes shareholder value? Why do the two rules lead to different results?

Answer rating: 100% (QA)

To determine which project maximizes shareholder value we can compare their Net Present Values NPVs ... View the full answer