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Multiple choice, In general, the IRR comparison method and the PW comparison met

ID: 1174190 • Letter: M

Question

Multiple choice,

In general, the IRR comparison method and the PW comparison method

Question options:

produce the same decisions for independent projects but not for mutually exclusive projects

produce the same decisions for mutually exclusive projects but not for independent projects

produce different decisions for both independent projects and mutually exclusive projects

produce the same decisions for both independent projects and mutually exclusive projects

produce the same decisions for projects with unequal lives

A

produce the same decisions for independent projects but not for mutually exclusive projects

B

produce the same decisions for mutually exclusive projects but not for independent projects

C

produce different decisions for both independent projects and mutually exclusive projects

D

produce the same decisions for both independent projects and mutually exclusive projects

E

produce the same decisions for projects with unequal lives

Explanation / Answer

Ans: produce the same decisions for both independent projects and mutually exclusive projects.

Explanation:

IRR is the interest rate at which PW of the cash flows is equal to zero. In case of IRR we are calculating the PW. Therefore, both IRR and PW comparison method produce the same decisions for both independent projects and mutually exclusive projects.