Question: True or False for NPV specific questions. a) A situation in which accepting one investment prevents the acceptance of another investment is called a mutually

True or False for NPV specific questions.

a) A situation in which accepting one investment prevents the acceptance of another investment is called a mutually exclusive investment decision. NPV is the preferred method for solving such decisions.

b. A positive NPV project may not be accepted if other projects have higher NPVs and capital is limited.

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