30. What is meant by the term 'rights issue? a. An issue of shares specifically aimed at new investors b. An invitation to existing shareholders to purchase additional shares in the company C. An invitation to new shareholders to purchase additional shares in the company d. The issue of a document clarifying investor's right Question 32 Not yet answered Marked out of 1 P Flag question 8. Which of the following statements is most correct? a. If a project's internal rate of return (IRR) exceeds the cost of capital, then the project's net present value (NPV) must be positive. b. If Project A has a higher IRR than Project B, then Project A must also have a higher NPV. C. The IRR calculation implicitly assumes that all cash flows are reinvested at a rate of return equal to the cost of capital