23. You are given two independent projects A and B where PA > Pb; NA = Ng and AEWA > AEW8>0. Which project (s) would you select in the absence of capital rationing? a) A b) B C) A and B d) Neither A nor B e) Need more information. If MARR = 0%, a project's IRR equal its ERR. a) True b) False 25. The baseline ($) for the accepting or rejecting a project using the annual equivalent method is a) MARR b) The project's initial cost c) The project's net annual equivalent worth d) $0 26. A project with a negative NPW must have an individual ERR MARR. a) True b) False 23. You are given two independent projects A and B where PA > Pb; NA = Ng and AEWA > AEW8>0. Which project (s) would you select in the absence of capital rationing? a) A b) B C) A and B d) Neither A nor B e) Need more information. If MARR = 0%, a project's IRR equal its ERR. a) True b) False 25. The baseline ($) for the accepting or rejecting a project using the annual equivalent method is a) MARR b) The project's initial cost c) The project's net annual equivalent worth d) $0 26. A project with a negative NPW must have an individual ERR MARR. a) True b) False