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borteleto borteleto
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Posts: 2477
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5 years ago
The Net Present Value (or NPV) criteria for capital budgeting decisions assumes that expected future cash flows are reinvested at ________, and the Internal Rate of Return (or IRR) criteria assumes that expected future cash flows are reinvested at ________.
A) the firm's discount rate; the internal rate of return
B) the internal rate of return; the internal rate of return
C) the internal rate of return; the firm's discount rate
D) Neither criteria assumes reinvestment of future cash flows.
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Marc18Marc18
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Posts: 1080
5 years ago
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borteleto Author
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5 years ago
found this very helpful thank you
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