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Question 12 An investor is a fundamental analyst and consistently makes abnormal returns in a market. At best, the market is form efficient. Strong Weak Semiweak Semistrong O Perfect Question 6 Which of the following statements related to the net present value (NPV) are correct? 1. If a project's NPV is equal to zero, the project's internal rate of return is exactly equal to the discount rate. II. The NPV is the best method of analyzing mutually exclusive projects. III. Accepting positive NPV projects benefits a firm's stockholders. O I and III only o I only O ll only O I, II, and III O I and II only