Question: Evaluate the following project using an IRR criterion, based on comparing the opportunity cost of 10%: C0 = -$6,000, C1 = $3,300, C2 = $3,300.
Evaluate the following project using an IRR criterion, based on comparing the opportunity cost of 10%: C0 = -$6,000, C1 = $3,300, C2 = $3,300. a. Reject; because the opportunity cost exceeds the IRR b. Accept; because the IRR exceeds the opportunity cost c. Accept; because the opportunity cost exceeds the IRR d. Reject; because the IRR exceeds the opportunity cost
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