Question
(?)2 + 9.113 = 31.92
– 39.03 What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)Solution
(?)2 + 93 = 322 – 39 (?)2 + 729 = 1024 – 39 (?)2 = 985 – 729 (?)2 = 256 ? = 16
In case of mutually exclusive projects and when NPV and IRR giving conflicting results, go for the project having higher IRR
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