单选题
编号:2690544
1. Which of the following statements least accurately describes the IRR and NPV methods?
- A.The discount rate that gives an investment an NPV of zero is the investment's IRR.
- B.If the NPV and IRR methods give conflicting decisions for mutually exclusive projects,the IRR decision should be used to select the project.
- C.The NPV method assumes that a project's cash flows will be reinvested at the cost of capital,while the IRR method assumes they will be reinvested at the IRR.