AAV Schweser Self Test #6 first

thommo77

So maybe the results yield 2 IRR’s but does that equate to “unreliable.” I agree that even with a -NPV I would reject the project but the first IRR is the ~15%, I chose A!
Any words of wisdom out there?

comp_sci_kid

which IRR would you use to determine what your “rate of return” on all your cash flows that makes the value to your Investment would be? “Definition of IRR”.
Given there is 1 value of 15.21%

Roflnadal

thx cpk, i have to remind myself every time to look to the basic definition and see how that plays in! appreciate it