WHEN CONSIDERING TWO MUTUALLY EXCLUSIVE CAPITAL BUDGETING PROJECT...

115. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014

115.

When considering two mutually exclusive capital budgeting projects with conflicting rankings, the most appropriate conclusion is to choose the project with the: A. higher net present value (NPV). B. shorter payback. C. higher internal rate of return (IRR).