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23) Which of the statements below is TRUE? A) Ceteris paribus, a higher cost of capital would increase a project's NPV B) When using trial-and-error
23) Which of the statements below is TRUE? A) Ceteris paribus, a higher cost of capital would increase a project's NPV B) When using trial-and-error to find the|RR, if a discount rate of 8% results in a positive NPV, the IRR would be below 8%. C) Ceteris, paribus, higher incremental cash flows would increase a project's IRR D) Projects with NPVs greater than zero would havgIRRs that are above the cost of captal. 24) Which of the statements below is TRUE? A) As we move from left to right on the NPV profile graph, the discount rate or cost of capital goes dowr. B) The NPV profile graph illustrates the positive relationship between the present value and the discount rate. y cost of capital we can find a project's NPV by simply adding up all of the project's undiscounted cash flows. D) IRRs are expressed in percents while NPVs are expressed in dollars
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