Question: Which statement is not FALSE? Select one: a. The profitability index is always less than 1.0 b. The discounted payback rule calculates the payback period
Which statement is not FALSE?
Select one:
a. The profitability index is always less than 1.0
b. The discounted payback rule calculates the payback period and then discounts the payback period at the opportunity cost of capital
c. A project's internal rate of return depends on its level of risk
d. The profitability index of a positive NPV project is always positive
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