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Which statement regarding capital budgeting decision criteria is CORRECT? a. If the NPV is negative, the IRR must also be negative. Ob. If a project
Which statement regarding capital budgeting decision criteria is CORRECT? a. If the NPV is negative, the IRR must also be negative. Ob. If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV. Oc. If Project A's IRR exceeds Project Bs, then A must have the higher NPV. Od. If a project with normal cash flows has an IRR less than the WACC, the project must have a positive NPV. Oe. None of the above
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