Which of the following terms refers to a performance appraisal based on surveys from peers, supervisors, subordinates, and customers?

The internal rate of return is the interest rate that results in a

a. positive NPV. b. negative NPV. c. zero NPV. d. positive or negative NPV.

Consider the following projects, X and Y where the firm can only choose one. Project X costs $600 and has cash flows of $400 in each of the next 2 years

Project Y also costs $600, and generates cash flows of $500 and $275 for the next 2 years, respectively. Which investment should the firm choose if the cost of capital is 25 percent? A) Project X, since it has a higher NPV than Project Y B) Project Y, since it has a higher NPV than Project X C) neither, since both the projects have negative NPV D) neither, since both the projects have positive NPV