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Please solve this question from A to E please and provide a reason why! thank you in advance! 2) (15 Points) Discuss the following statements

Please solve this question from A to E please and provide a reason why! thank you in advance! image text in transcribed
2) (15 Points) Discuss the following statements whether they are CORRECT or INCORRECT. Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows. A) If Project A has a higher IRR than Project B, then Project A must have the lower NPV. B) If Project A has a higher IRR than Project B, then Project A must also have a higher NPV. C) The IRR calculation implicitly assumes that all cash flows are reinvested at the WACC. D) The IRR calculation implicitly assumes that cash flows are withdrawn from the business ratherkhan being reinvested in the business. E) If a project has normal cash flows and its IRR exceeds its WACC, then the project's NPV must be positive

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