If a firm accepts Project A, it will not be feasible to also accept Project B because both projects would require the simultaneous and exclusive use of the same piece of machinery. These projects are considered to be: Independent. Economically scaled. Interdependent. Mutually exclusive. A company is considering a project with the following cash flows. What is the IRR of this project? Year 0 :-$114,600 Year 1: $35,900 Year 2:$50,800 Year 3 : $45,000 7.48 percent 7.03 percent 8.22 percent 6.42 percent Applying the discounted payback decision rule to all projects may cause: some positive net present value projects to be rejected. the most liquid projects to be rejected in favor of the less liquid projects. some projects to be accepted which would otherwise be rejected under the payback rule. projects to be incorrectly accepted due to ignoring the time value of money