Question 1 ) Which of the following statements is MOST correct? Answer saved Maried out of 1.00 Remove flag Select one: a. The IRR calculation implicitly assumes that all cash flows are reinvested at a rate of retum equal to the IRR b. If a project's internal rate of return (IRR) exceeds the required return, then the project's net present value (NPV) must be negative c.) If Project A has a higher IRR than Project B, then Project A must also have a higher NPV Question 5 If the present value of an investment = 20,000. And the Net Present Value = 15,000. Then the Profitability Index = Answer saved Maried out of 100 Select one: a. None of the above Remove fog b. 1.3 C. 3 d. 4