Question: In general, what is the decision rule for evaluating two mutually exclusive projects using NPV ? Multiple choice question. Accept both projects if the NPV

In general, what is the decision rule for evaluating two mutually exclusive projects using NPV?
Multiple choice question.
Accept both projects if the NPV of both projects is greater than zero.
Accept the project that has the higher positive NPV.
Accept the project that has the lower positive NPV.
Mutually exclusive projects cannot be evaluated using NPV.

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