1.Which one is false?

a.When choosing between mutually exclusive projects, should accept projects with higher positive NPVs.

b.The internal rate of return method is appealing to some because it produces a rate of return upon which to base decisions rather than a dollar amount like the net present value method.

c.For independent projects, the decision to accept or reject will always be the same using either the MIRR method or the NPV method.

d.One of the disadvantages of choosing between mutually exclusive projects on the basis of discounted payback method is that one might choose the project with the faster payback period but with lower total return.

e.When choosing between mutually exclusive projects, mngers should accept all projects with IRRs greater than the weighted average cost of capital.

I chose E, but am not sure.