Question: Two mutually exclusive investment proposals have scale differences (i.e., the cost of the projects differ). Ranking these projects on the basis of IRR, NPV, and

Two mutually exclusive investment proposals have "scale differences" (i.e., the cost of the projects differ). Ranking these projects on the basis of IRR, NPV, and PI methods give contradictory results.

a) will never

b) will always

c) may

d) will generally

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