Author Question: In determining the optimal capital budget, one should choose those project's whose ____ exceeds the ... (Read 87 times)

kellyjaisingh · **on:** Jul 1, 2018

In determining the optimal capital budget, one should choose those project's whose ____ exceeds the firm's ____ cost of capital.
a. internal rate of return, average
b. internal rate of return, marginal
c. internal rate of return, historic
d. average rate of return, marginal
e. none of the above

Question 2

Someone who values a lottery at less than the expected value is
a. a risk lover
b. risk neutral
c. risk averse
d. one who tends to play lots of lotteries