D Question 9 (TRUE or FALSE?) Mutually exclusive projects do not compete against each other and accepting one does not preclude accepting the other. FALSE OTRUE Question 10 Which of the following statement is incorrect? 1 pts Promissory note is a legal document the borrower signs indicating agreement to the terms of a loan. Most of the answers are correct. In the case of a discount loan, the effectile rate of interest the borrower is paying is increased. 1 pts The cost of a loan is normally measured by multiplying the amount paid to obtain the loan by the amount the borrower gets to use during the life of the loan. Compensating balances on loans are getting less common although they are still used