Question: Q16 A and B are projects with equal initial outlays. A has a higher NPV than B. Which of the following factors is most likely

Q16 A and B are projects with equal initial outlays. A has a higher NPV than B. Which of the following factors is most likely to give B a higher internal rate of return (IRR) than A? a. B's cash inflows occur later than those of A. b. B's cash inflows occur earlier than those of A. c. B has a higher residual value than A. d. B is a longer term project than A
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