When positive net cash flows are generated before the end of a project, and when these cash

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When positive net cash flows are generated before the end of a project, and when these cash flows are reinvested at an interest rate that is greater than the internal rate of return,

(a) The resulting rate of return is equal to the internal rate of return.

(b) The resulting rate of return is less than the internal rate of return.

(c) The resulting rate of return is equal to the reinvestment rate of return.

(d) The resulting rate of return is greater than the internal rate of return.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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