Question: Which of the statements below is FALSE? Select one: a. If a company has constrained capital, then it can only take on a limited number

Which of the statements below is FALSE? Select one: a. If a company has constrained capital, then it can only take on a limited number of projects. b. The NPV decision criterion is true when all projects are independent and the company has a sufficient source of funds to accept all positive NPV projects c. Projects are mutually exclusive if picking one project eliminates the ability to pick the other project. d. Two projects are mutually exclusive if the acceptance of one project has no bearing on the acceptance or rejection of the other project.

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