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2. (TCO F) Which of the following statements is correct? (Points : 5) If a project with normal cash flows has an IRR greater than

2. (TCO F) Which of the following statements is correct? (Points : 5)

If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV.
If Project A's IRR exceeds Project B

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