Question: Given two mutually exclusive projects, where the NPV method ranks one project higher but the IRR method ranks the other one first. In theory, such
Given two mutually exclusive projects, where the NPV method ranks one project higher but the IRR method ranks the other one first. In theory, such clashes should be resolved in favor of the project with: *
a. Lower NPV
b. Higher NPV
c. Higher IRR
d. Both a & C
e. None of the above
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