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d. What has caused the ranking conflict? (Select the best choice below.) A. The NPV and IRR decision criteria have different reinvestment assumptions. B. The
d. What has caused the ranking conflict? (Select the best choice below.) A. The NPV and IRR decision criteria have different reinvestment assumptions. B. The projects evaluated have the same initial cash outlay. C. The two projects are independent. D. The free cash flows genearted by the projects are different Which project should be accepted? Why? (Select the best choice below.) C. Project A should be chosen because it has lower payback period. The payback period is preferred because it can be easily computed. D. Neither project A nor B should be chosen because ranking conflict exists among different decision criteria. Different decision criteria should yield the same result
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