Multiple Choice
Which of the following statements regarding the net present value rule and the rate of return rule is not true?
A) Accept a project if NPV > cost of investment
B) Accept a project if NPV is positive
C) Accept a project if return on investment exceeds the rate of return on an equivalent investment in the financial market
D) Reject a project if NPV is negative
Correct Answer:

Verified
Correct Answer:
Verified
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