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P9-17 (static) s Question Help O Comparing NPV and IRR. Chandler and Joey are having a discussion about which financial model to use for their

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P9-17 (static) s Question Help O Comparing NPV and IRR. Chandler and Joey are having a discussion about which financial model to use for their new business. Chandler supports the NPV, and Joey supports the IRR. The discussion starts to intensify when Ross steps in and states, "Gentlemen, it doesn't matter which method you choose. They give the same answer on all projects." Is Ross correct? Under what conditions will IRR and NPV be consistent when accepting or rejecting projects? Ross is partially right as NPV and IRR both reject or both accept the same projects under the following condition(s): (Select the best response.) O A. All projects are available for acceptance regardless of the decision made on another project (projects are not mutually exclusive) OB. The hurdle rate for IRR is the same as the discount rate for NPV. OC. The projects have standard cash flows. OD. All of the above

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