Multiple Choice
Which of the following statements regarding the NPV rule and the rate of return rule is false?
A) Accept a project if its NPV > 0.
B) Reject a project if the NPV < 0.
C) Accept a project if its rate of return > 0.
D) Accept a project if its rate of return > opportunity cost of capital.
Correct Answer:
Verified
Correct Answer:
Verified
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