NO.PZ202309050600000102
问题如下：
With regard to Project A and Project B, which of the following is true?
选项：
A.Both projects should be invested in according to the IRR decision rule
Both projects should be invested in according to the NPV decision rule
Only Project B should be invested in according to the IRR decision rule.
解释：
C is correct. The IRR decision rule is to invest if the IRR exceeds the required rate of return or hurdle rate. Project B’s IRR is 8.97%, which exceeds the required rate of return of 8%; however, Project A’s IRR is 7.04%, which is below the required rate of return of 8%.
The NPV of both projects can be calculated as follows:
Using the same equation, we can solve for the IRRs by assuming that NPV = 0.
A is incorrect because Project B’s IRR is 8.97%, which exceeds the required rate of return of 8%; however, Project A’s IRR is 7.04%, which is below the required rate of return of 8%. Consequently, only Project B meets the IRR decision rule.
B is incorrect because the NPV decision rule is to invest if the NPV is greater than 0. Project B’s NPV is $1.12 million, while Project A’s NPV is –$0.38. Consequently, only Project B meets the NPV decision rule.
请问为什么之前助教老师的回答里说 项目A IRR = 7.092758，而答案里说 项目A IRR = 7.04
哪个是正确的呢
