The IRR is the discount rate that equates the NPV of an ...

[karateprodigy]

The IRR is the discount rate that equates the NPV of an investment opportunity with 0.
 
  Indicate whether the statement is true or false

Question 2

Under MACRS, an asset which originally cost 10,000 is being depreciated using a 5-year normal recovery period. What is the depreciation expense in year 3?
 
  A) 1,900
  B) 1,200
  C) 1,500
  D) 2,100

[kthug]

Answer to Question 1

TRUE

Answer to Question 2

A