Mutiple Choice

For independent projects, IRR will give the same acceptreject decision as NPV$.$

For the IRR statistic to give a different acceptreject decision from NPV$,$ the cash fows must be non$-$nomal, and the projects must be mutually exclusive.

To solve for the IRR, one Can simply solve the NPV formula for the rate that will make tre NPV equal to zera.

None of the statements are incorrect.