Should gamma take the project because the irr is greater


Delta Co. is considering project D. . D: -$2,000, $4,000, $6,000, -$10,000 D’s cost of capital is 8%, and the spread sheet says that its IRR is 15% but its NPV at 8% is -$306. Should Gamma take the project, because the IRR is greater than the cost of capital? Explain

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Financial Management: Should gamma take the project because the irr is greater
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