Which of the following statements about Net Present Value (NPV) is incorrect ?

C. If a project's NPV is positive, its IRR is also positive.

B. NPV is the sum of all (positive and negative) cash flows PV from the project.

C. If the NPV is positive, the project can be accepted.

D. If a project's NPV is zero, its IRR is the same as the appropriate cost of capital for the project.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The incorrect sta... View the full answer