If a project's NPV is greater than zero, its IRR must be equal to the cost of capital

Indicate whether the statement is true or false


False

Business

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If a wholesale manufacturer gets a retail outlet for its goods through merger, this is a horizontal merger

a. True b. False Indicate whether the statement is true or false

Business

What is the reliability of a four-component product, with components in series, and component reliabilities of .90, .95, .98, and .99?

A) 0.8295 B) 0.90 C) 0.955 D) 0.99 E) 0.945

Business

Long Company owns a 2% investment in the common stock of Smith Company. The receipt of a cash dividend from Smith will have no effect on Long's total equity

Indicate whether the statement is true or false

Business

Cases involving diversity of citizenship arise only between citizens of different states

a. True b. False Indicate whether the statement is true or false

Business