NO.PZ2022090804000010
问题如下:
Erin Chou is reviewing a profitable investment that has a conventional cash flow pattern. If the cash flows for the initial outlay and future after-tax cash flows all double, Chou would predict that the IRR would:选项:
A.increase and the NPV would increase. B.stay the same and the NPV would increase. C.stay the same and the NPV would stay the same.解释:
SolutionB is correct. The IRR would stay the same because both the initial outlay and the after-tax cash flows double, so the return on each dollar invested would remain the same. All the cash flows and their present values double. The difference between the total present value of the future cash flows and the initial outlay (the NPV) also doubles.
助教老师在其他问题下面的解答:https://class.pzacademy.com/qa/18056 ;提问:
- 0 = NPV 是什么意思, 题目中没有说NPV =0 呀,
- double老师写的是CF都乘以2, 这个时候NPV也乘以2是新的数值了, 为什么能得出IRR不变了。 (问题1中npv =0 那么乘以2就可以约去,可是NPV很少等于0)
- npv如何变化是从公式中怎么得出来的没有看懂