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Which of the Following Is INCORRECT Regarding a Project's NPV

Question 11

Multiple Choice

Which of the following is INCORRECT regarding a project's NPV?


A) If a project's NPV exceeds its IRR, then the project should be accepted.
B) If a project's NPV is less than its IRR, then the project should be accepted.
C) If a project's NPV exceeds its IRR, then the project should be rejected
D) If a project's NPV is greater than zero, the project should be accepted.

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