Question: In comparing two mutually exclusive projects of equal size and equal life, which of the following statements is most correct? O a. The project with

In comparing two mutually exclusive projects of equal size and equal life, which of the following statements is most correct? O a. The project with the higher NPV may not always be the project with the higher IRR. O b. The project with the higher NPV may not always be the project with the higher MIRR. O c. The project with the higher IRR may not always be the project with the higher MIRR. Od. All of the above answers are correct. Oe. Answers a and c are both correct

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