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5. Which oi the following is NOT true? A. If the EVA of a project is slway positive, then the project must have positive NPV.

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5. Which oi" the following is NOT true? A. If the EVA of a project is slway positive, then the project must have positive NPV. B. If a project has positive NPV, then it must he that the expected return of the investment of this project is higher than the expected return of the publicly traded assets with siunlar risk prole. C. The existence of positive NEWIr projects indicates that the semistrong form of EMH does not hold. D. If project A has higher IRE. than project 1], it is possible that project A has lower NPV than project 13. E. When the [HR rule does not agree with the NPV rule, the manager should follow the 1'4ler rule

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