You are a financial modeler, and you need to make investing decisions based on the net present value (NPV) generated by ten different projects. You are using the VLOOKUP function to make an investment decision, as shown in the table below. Cell B18 contains the formula =IF(VLOOKUP("Project 7",B6:C16,2,FALSE) <0,"Not Invest", "Invest"). Which of the following values will be returned in cell B18? F 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 16 A B Name Project 1 Project 2 Project 3 C NPV $1,000.00 $2,000.00 $0.00 $100.00 $1,845.00 Project 4 Project 5 Project 6 Project 7 Project 8 Project 9 $3,943.00 Project 10 $7,324.00 $184.00 $54.03 $0.00 D Select the single best answer: A. Not Invest B. Invest C. #N/A! D. $54.03 E #VALUE! E G IF(VLOOKUP("Project 7,86:C16,2,FALSE) <0,"Not Invest","Invest")

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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You are a financial modeler, and you need to make investing decisions based on the net present value
(NPV) generated by ten different projects. You are using the VLOOKUP function to make an investment
decision, as shown in the table below. Cell B18 contains the formula =IF(VLOOKUP("Project
7",B6:C16,2,FALSE) <0, "Not Invest", "Invest"). Which of the following values will be returned in cell B18?
4
5
69
89
A
Name
7 Project 1
Project 2
Project 3
Project 4
Project 5
Project 6
Project 7
10
11
12
B
C
NPV
$1,000.00
$2,000.00
$0.00
$100.00
$1,845.00
D. $54.03
E #VALUE!
$184.00
$54.03
$0.00
Project 8
Project 9 $3,943.00
Project 10 $7,324.00
Select the single best answer:
A. Not Invest
B. Invest
C. #N/A!
D
E
13
14
15
16
17
18 IF(VLOOKUP("Project 7",86:C16,2,FALSE) <0,"Not Invest","Invest")
10
F
G
H
Transcribed Image Text:You are a financial modeler, and you need to make investing decisions based on the net present value (NPV) generated by ten different projects. You are using the VLOOKUP function to make an investment decision, as shown in the table below. Cell B18 contains the formula =IF(VLOOKUP("Project 7",B6:C16,2,FALSE) <0, "Not Invest", "Invest"). Which of the following values will be returned in cell B18? 4 5 69 89 A Name 7 Project 1 Project 2 Project 3 Project 4 Project 5 Project 6 Project 7 10 11 12 B C NPV $1,000.00 $2,000.00 $0.00 $100.00 $1,845.00 D. $54.03 E #VALUE! $184.00 $54.03 $0.00 Project 8 Project 9 $3,943.00 Project 10 $7,324.00 Select the single best answer: A. Not Invest B. Invest C. #N/A! D E 13 14 15 16 17 18 IF(VLOOKUP("Project 7",86:C16,2,FALSE) <0,"Not Invest","Invest") 10 F G H
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