NO.PZ2023090506000002
问题如下：
When calculating IRR, the interim cash flows are assumed to be reinvested and earn a rate of return rate that is:
选项：
A.
lower than IRR.
B.
the same as IRR.
C.
higher than IRR.
解释：
B is correct. An important assumption of IRR is that it represents only the (geometric) rate of return on the investment if interim cash flows are reinvested at the IRR.
A is incorrect because if reinvestment rates are lower compared to IRR, the rate of return on the investment will be lower than the IRR.
C is incorrect because if reinvestment rates are higher compared to IRR, the rate of return on the investment will be higher than the IRR.
如基础班里例题要求投资回报率15%， NPV为0时IRR更高。求解答，谢谢！
