Question: In general, where there is a conflict between two mutually exclusive projects, the NPV of a project and its internal rate of return, in terms

In general, where there is a conflict between two mutually exclusive projects, the NPV of a project and its internal rate of return, in terms of making a go/no go decision, the conflict is resolved by which of the following rules? a. Where the NPV method chooses one project but the IRR method chooses the other, the conflict should generally be resolved in favour of the project with the higher IRR. b. Where the NPV method chooses one project but the IRR method chooses the other, the conflict should generally be resolved in favour of the project with the shorter payback period. c. Where the NPV method chooses one project but the IRR method chooses the other, the conflict should generally be resolved in favour of the project with the higher MIRR. d. Where the NPV method chooses one project but the IRR method chooses the other, the conflict should generally be resolved in favour of the project with the higher NPV

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