probity

QUOTE:

以下是引用0932在2008-12-4 23:09:00的发言：

楼上说的有道理

借贵地问个问题 大家指点下：

For two mutually exclusive capital projects with normal cash flows, the NPV and IRR methods will most likely produce conflicting rankings when the：

A cost of capital is equal to the crossover rate

B cost of capital is less than the crossover rate

C cost of capital is greater than the crossover rate

D net present value is negative at the crossover rate

选B

因为产生conflict的情况是:

一个project(与另一个project相比)的NPV大,IRR小.

这种情况的发生一定是在crossover point的左边.

画个图就一目了然了。