Choose which statement makes this sentence FALSE: The main discrepancy between the NPV choice and the IRR's/MIRR's choice between mutually exclusive projects arises because IRR and MIRR favor longer-term, larger projects, all else equal. because IRR and MIRR prefer projects with smaller investments, all else equal. because IRR and MIRR prefer projects with early cash inflows, all else equal. because NPV works equally well with normal or non-normal cash flows and with independent or mutually exclusive projects.

Choose which statement makes this sentence FALSE: The main discrepancy between the NPV choice and the IRR's/MIRR's choice between mutually exclusive projects arises because IRR and MIRR favor longer-term, larger projects, all else equal. because IRR and MIRR prefer projects with smaller investments, all else equal. because IRR and MIRR prefer projects with early cash inflows, all else equal. because NPV works equally well with normal or non-normal cash flows and with independent or mutually exclusive projects