Question: 1(a). (TRUE or FALSE?) A project that has a positive NPV will also have an IRR that is greater than the discount rate if the

1(a). (TRUE or FALSE?) A project that has a positive NPV will also have an IRR that is greater than the discount rate if the proposed capital budgeting projects are independent.

1(b). (TRUE or FALSE?) Projects with NPVs of positive values will reduce the firms value but it just meet the firms requirements.

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