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2. Which of the following statements is correct? A. Assuming a project has conventional cash flows, the NPV will be positive if the IRR is

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2. Which of the following statements is correct? A. Assuming a project has conventional cash flows, the NPV will be positive if the IRR is greater than the cost of capital. B. Generally, an independent project not acceptable by the NPV method will be acceptable by the IRR method. C. If IRR = k (the cost of capital), then NPV = 1. D. If NPV = 0, then PI = 0

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