All of the following are sufficient indications to accept a project EXCEPT (assume that there is no

capital rationing constraint, and no consideration is given to payback as a decision tool)

A) the net present value of an independent project is positive.
B) the IRR of a mutually exclusive project exceeds the required rate of return.
C) the NPV of a mutually exclusive project is positive and exceeds that of all other projects.
D) the profitability index of an independent project exceeds one.


B

Business

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Indicate whether the statement is true or false

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