Q106
Assertion (A): The IRR of a project is the discount rate which reduces its NPV to zero. Reason (R): A project is worth accepting if the IRR exceeds the cost of capital.
A.
(A) is true, but (R) is false
B.
Both (A) and (R) are true
AnswerC.
(A) is false, but (R) is true
D.
Both (A) and (R) are false
Answer: Option B
Solution
Answer: Option B
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