Question: Which statement is correct? a. If you are evaluating a normal, independent project, then you should accept the project as long as the IRR is

Which statement is correct?

a. If you are evaluating a normal, independent project, then you should accept the project as long as the IRR is positive

b. Nonnormal projects may have multiple NPVs

c. IRR method assumes that cash flows are reinvested at the projects expected return

d. For normal, independent projects, the Payback Period method gives the same accept/reject decision as other methods

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