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    Intermediate Financial Management Study Set 2
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    Exam 12: Capital Budgeting: Decision Criteria
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    If the IRR of Normal Project X Is Greater Than
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If the IRR of Normal Project X Is Greater Than

Question 75

Question 75

True/False

If the IRR of normal Project X is greater than the IRR of mutually exclusive Project Y (also normal), we can conclude that the firm will select X rather than Y if X has a NPV > 0.

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