[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fCh6A7KKEjZT4Ea0zDxFey7BznN16FBXKA6Mn--NMpWQ":3},{"answer":4,"createTime":5,"id":6,"options":7,"origin":12,"question":19,"related":20,"source":30,"type":31},[],"2023-11-08 04:46:35",103960333,[8,9,10,11],"with short lives","with long lives","with late cash inflows","that have negative NPVs",{"count":13,"courseId":14,"courseImg":15,"courseName":16,"workId":17,"workName":18},7,"298d313f2ce713476fd7616fa88dfafa","https:\u002F\u002Ftihai-oss-cloud.itihey.com\u002Fimg\u002F48eba3395437dd881b1b9275a0ad1028.png","财务管理","work_30253407","Chapter 8","Firms that make investment decisions based on the payback rule may be biased toward rejecting projects",[21,32,35,44,53,58,63],{"answer":22,"createTime":5,"id":23,"options":24,"question":29,"source":30,"type":31},[],103960330,[25,26,27,28],"Project A","Project B","Project C","Project D","Using the &quot;gold standard&quot; of investment criteria, which project should be selected? Project NPV Investment A $ 2.3 mil $ 5.2 mil B $ 1.2 mil $ 2.8 mil C $ 3.5 mil $ 6.9 mil D $ 4.4 mil $ 8.9 mil","v1",0,{"answer":33,"createTime":5,"id":6,"options":34,"question":19,"source":30,"type":31},[],[8,9,10,11],{"answer":36,"createTime":5,"id":37,"options":38,"question":43,"source":30,"type":31},[],103960335,[39,40,41,42],"one","two","three","five","A project costing $20,000 generates cash inflows of $9,000 annually for the first 3 years, followed by cash outflows of $1,000 annually for 2 years. At most, this project has ________ different IRR(s)",{"answer":45,"createTime":46,"id":47,"options":48,"question":51,"source":30,"type":52},[],"2024-01-10 23:52:21",130311451,[49,50],"正确","错误","A project's payback period is the length of time necessary to generate an NPV of zero",3,{"answer":54,"createTime":46,"id":55,"options":56,"question":57,"source":30,"type":52},[],130311452,[49,50],"The IRR is the rate of return on the cash flows of the investment, also known as the opportunity cost of capital",{"answer":59,"createTime":46,"id":60,"options":61,"question":62,"source":30,"type":52},[],130311455,[49,50],"For mutually exclusive projects, the project with the higher IRR is the correct selection",{"answer":64,"createTime":46,"id":65,"options":66,"question":67,"source":30,"type":52},[],130311459,[49,50],"When choosing among mutually exclusive projects with similar lives, the choice is easy using the NPV rule. As long as at least one project has positive NPV, simply choose the project with the highest NPV"]