If you do not know the discount rate for a project, the right investment criterion to be used will be(1 Point)MIRRBCRIRRNPV
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Solution 1
To determine the appropriate investment criterion when the discount rate for a project is unknown, we need to consider the options: MIRR, BCR, IRR, and NPV.
- MIRR (Modified Internal Rate of Return): This criterion takes into account the reinvestment rate of cash flows. It calculates the rate of Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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