Question
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.) (14.9 × 15.1) + 99.9 = ?Solution
ATQ,
14.9 × 15.1 ≈ 15 × 15 = 225
225 + 100 = 325
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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