Which of the following statements is correct: (a) The NPV and the IRR always result in the

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Which of the following statements is correct:

(a) The NPV and the IRR always result in the same accept/reject decisions.

(b) The NPV cannot rank mutually exclusive projects.

(c) The IRR cannot rank mutually exclusive projects.

(d) The NPV cannot be used in cases of multiple IRRs.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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