CMA Study Group

  • 1.  #CMAPopQuiz - Oct 15

    Posted 10-15-2014 08:35 AM
      |   view attached
    #CMAPopQuiz #CMAExam A capital budgeting analyst makes the following two statements.

    I. Internal rate of return (IRR) is the discount rate that causes the net present value to be $0.
    II. When we use the IRR method for evaluating projects, we are assuming that all cash flows are reinvested at IRR%.

    Which of the analyst's statements is (are) true? http://bit.ly/CMAPopQuiz1015