单选题

In order to calculate the net present value (NPV) of a project, an analyst would least likely need to know the（）。

A、 internal rate of return (IRR) of the project.
B、 opportunity cost of capital for the project.
C、 expected cash flows from the project.

【正确答案】 A

【答案解析】

The NPV is calculated using the opportunity cost, discount rate, expected cash flows, and timing of the expected cash flows from the project. The project's IRR is not used to calculate the NPV.