Question: In reviewing your analysis for a capital project, you ascertain that the project is acceptable based on Internal Rate of Return and the Modified Internal

 In reviewing your analysis for a capital project, you ascertain that

In reviewing your analysis for a capital project, you ascertain that the project is acceptable based on Internal Rate of Return and the Modified Internal Rate of Return, but is NOT acceptable based on the Net Present Value. You should: A. Reject the project since the NPV technique is theoretically superior to the IRR. B. Accept the project since the IRR technique is theoretically superior to the NPV. C. Re-do your calculations, you have made an error. D. Calculate the Payback Period in order to make a final decision

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