AEE Certified Energy Manager (CEM) CEM Question # 23 Topic 3 Discussion

AEE Certified Energy Manager (CEM) CEM Question # 23 Topic 3 Discussion

CEM Exam Topic 3 Question 23 Discussion:
Question #: 23
Topic #: 3

Using an interest rate of 15%, an energy project has a net-present value (NPV) of $3,500. Which statement is true about the project's internal rate of return (IRR)?


A.

IRR < 0%


B.

IRR < 15%


C.

IRR = 15%


D.

IRR > 15%


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