1. The IRR is calculated by assuming that the NPV of a project is:
a. Positive
b. Negative
c. Feasible
d. One
e. Zero
2. If the IRR is greater than the discount rate,then a project produces:
a. A positive rate of return
b. A negative rate of return
c. A zero rate of return
d. An undermined rate of return(either positive or negative)