Question 2: Multiple Choice (10 points) NPV vs. IRR Which of the following statements is correct (circle the correct statement (there is only one))? a. When choosing between two projects, the IRR decision criterion and the NPV decision criterion will give the same answer as long as the cash flow pattern is: -,-,-,-,+,+,+ b. When voting up or down one single project, the IRR decision criterion and the NPV decision criterion will give the same answer as long as the cash flow pattern is: +,---+,+,+ c. When voting up or down one single project, the IRR decision criterion and the NPV decision criterion will give the same answer as long as the cash flow pattern is: +,+,+,+,-,-,-,- d. When there are multiple IRRs (i.e. multiple discount rates for which the NPV is zero), you should always pick the lowest. e. When voting up or down one single project, the IRR decision criterion and the NPV decision criterion will give the same answer when the cash flow pattern is: --- f. None of the above. Question 2: Multiple Choice (10 points) NPV vs. IRR Which of the following statements is correct (circle the correct statement (there is only one))? a. When choosing between two projects, the IRR decision criterion and the NPV decision criterion will give the same answer as long as the cash flow pattern is: -,-,-,-,+,+,+ b. When voting up or down one single project, the IRR decision criterion and the NPV decision criterion will give the same answer as long as the cash flow pattern is: +,---+,+,+ c. When voting up or down one single project, the IRR decision criterion and the NPV decision criterion will give the same answer as long as the cash flow pattern is: +,+,+,+,-,-,-,- d. When there are multiple IRRs (i.e. multiple discount rates for which the NPV is zero), you should always pick the lowest. e. When voting up or down one single project, the IRR decision criterion and the NPV decision criterion will give the same answer when the cash flow pattern is: --- f. None of the above