In determining the optimal capital budget, one should choose ...

[kellyjaisingh]

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

[joechoochoy]

Answer to Question 1

b

Answer to Question 2

c

[kellyjaisingh]

Thanks for the timely response, appreciate it

[Joy Chen]

TYSM