Which of the following choices correctly states how funds are assumed to be reinvested under the net-present-value method and the internal-rate-of-return method? Net Present ValueInternal Rate of ReturnA.At the hurdle rateAt the hurdle rateB.At the hurdle rateAt the return earned on the projectC.At the cost of debt capitalAt the cost of debt capitalD.At the cost of debt capitalAt the cost of equity capitalE.At the cost of equity capitalAt the cost of equity capital 

A. Choice A
B. Choice B
C. Choice C
D. Choice D
E. Choice E


Answer: B

Business

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