Question
Question content area top Part 1 For a project with ordinary cash flows (defined as negative initial cash flows followed by positive cash flows) and
Question content area top\ Part 1\ For a project with ordinary cash flows (defined as negative initial cash flows followed by positive cash flows) and a positive NPV, which of the following statements is NOT necessarily true?\ Question content area bottom\ Part 1\ A.\ The modified internal rate of return will be greater than the required rate of return\ B.\ The internal rate of return will be greater than the required rate of return\ C.\ All of the A, B, and C choices are not true\ D.\ The payback period will be less than the required amount of time\ E.\ All of the A, B, and C choices are true
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