$$14,725$

$$

$-$$$222,727$

Question $12$

$2$ pts

NPV versus IRR: which of the following statements is TRUE?

IRR mett assumes cash flows are reinvested at the NPV

NPV method assumes cash flows are reinvested at the YTM

IRR method is preferred over the NPV method because Payback can be calculated

NPV method is preferred over IRR because cash flows are reinvested at the opportunity cost of capital $($WACC$).$ NPV should be used to choose between mutually exclusive projects

Question $13$

$2$ pts

In which form of business organization are the owners NOT offered the protection of limited liability?