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(TRUE or FALSE?) When NPV equals zero, the required rate of return, or discount rate used in the NPV calculation, is the projected rate of

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(TRUE or FALSE?) When NPV equals zero, the required rate of return, or discount rate used in the NPV calculation, is the projected rate of return, IRR. O FALSE O TRUE (TRUE or FALSE?) International diversification could be less beneficial because the money is spread around in several countries, and therefore the good news in one country will cause the bad news in another. FALSE O TRUE (TRUE or FALSE?) Selling commercial paper for large and creditworthy firms is usually a more expensive alternative to getting a short-term loan from a bank. O True O False (TRUE or FALSE?) Compensating balance is a specified amount that a lender requires a borrower to maintain in a non-interestpaying account during the life of a loan. O True O False

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