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2008 CFA Level 1 - Sample 样题(3)-Q46

46In comparing the use of the IRR and NPV methods to make decisions on mutually exclusive capital projects for a specific firm, which of the following statements is least accurate?

A. The IRR method can result in multiple values.

B. The NPV rankings depend on the cost of capital.

C. The IRR method has the more appropriate reinvestment rate assumption.

D. The IRR method contains valuable information about a project's "safety margin" by comparing the IRR to the cost of capital.

     

 a

TOP

c

TOP

THX

TOP

 tx

TOP

LOOK

TOP

3

TOP

c

TOP

ok

TOP

appreciate

TOP

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