q23 and q24

QUESTION 23 Project A and B are mutually exclusive, based on this which of the following statements is incorrect? O Project A and B can not be chosen together. O The selection of Project A means project B can not be chosen O If Project A and B are both profitable then they can be chosen together. O All of the above are correct QUESTION 24 Ahmed is analysing two investments. Investment A has an IRR of 23% and Investment B has an IRR of 1796, if the cost of capital is 10% then: O Both projects are rejected due to the low IRR. Both projects are rejected as the IRR is higher than the cost of capital. O Investment B is better than Investment A O None of the above are true