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IRR and NPV can provide opposite profitability rankings of mutually exclusive projects. True or False. Ceterus Paribus (i.e., holding everything else constant), as operating risk
- IRR and NPV can provide opposite profitability rankings of mutually exclusive projects. True or False.
- Ceterus Paribus (i.e., holding everything else constant), as operating risk of the firm increases, the optimal level of leverage should increase. True or False.
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