All projects (A to G) are 7-year projects. NPV = Net present value. IRR = internal rate of return. MIRR = modified internal rate of return. PI = profitability index.

	Project A	Project B	Project C	Project D	Project E	Project F	Project G
NPV=	$4,711	($711)	($657)	$334	$9,842	$7,360	($3,224)
IRR=	44.51%	5.47%	8.06%	12.98%	22.56%	17.19%	5.47%
MIRR=	25.23%	7.50%	8.97%	11.57%	16.26%	13.70%	7.50%
PI=	2.178	0.822	0.945	1.028	1.394	1.294	0.871

The discounting rate (r) is 10%.

Which of the following 10 statements are true (there are several, select all that are correct). Consider each statement on its own separate from the others listed:

Question options:

	If projects A & B are mutually exclusive, projects C and D are also mutually exclusive and projects F and G are also mutually exclusive (all others are independent), under the MIRR rule all projects should be undertaken
	If all projects are independent, under the PI rule, projects A, D, E, and F should be taken
	If all projects are independent, under the NPV rule, projects A, D, E, and F should be taken
	If all projects are independent, under the MIRR rule, projects B, C and G should be rejected
	If only projects B and C are mutually exclusive, under the NPV rule only projects A, D, E, and F should be taken
	If all projects are mutually exclusive, under the NPV rule projects A, D, E and F should be taken
	If all projects are independent, under the IRR rule, projects B, C and G should be rejected
	If projects A & D are mutually exclusive, projects B and C are also mutually exclusive and projects E and F are also mutually exclusive (all others are independent), under the IRR rule projects A, D, E, and E should be undertaken
	If all projects are mutually exclusive, under the IRR rule only project E should be taken
	If all projects are mutually exclusive, under the NPV rule only project E should be taken