13. Narion, Inc. has a 20% required rate of return. Three managers have presented three potential...

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13. Narion, Inc. has a 20% required rate of return. Threemanagers have presented three potential projects to increase incomeover the next ten years, each with their preferred measure. ProjectA was reported to have an NPV of $(2,460). Project B was reportedwith an IRR of 28%. Project C was reported to have a payback periodof 23 years. With which of these projects should Narion moveforward?

Project A

All three sound great!

Project C

Project B

Answer & Explanation Solved by verified expert
4.3 Ratings (566 Votes)
The Correct answer choice is PROJECT B Narion move forward with the PROJECT B As per Net Present Value NPV analysis the Project should be accepted only if the Net Present Value NPV of the Project is positive Greater than 0 else it is rejected    See Answer
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