The IRR is the discount rate that equates the present value of the project's future net cash flows with the project's initial outlay

The motive to pay stock dividend to retain cash to satisfy past-due bills, may result in a decline in market value

Indicate whether the statement is true or false

Which of the following statements about decision-making is true?

A) Risk should not be taken into account. B) Objectives should be quantitative and not qualitative. C) Opportunity cost should be considered. D) Sunk costs should usually be taken into account.