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whats the reasoning behind the answer? 5. Which of the following statements about IRR and NPV is incorrect? a. Accepting a positive NPV project will

image text in transcribedwhats the reasoning behind the answer?

5. Which of the following statements about IRR and NPV is incorrect? a. Accepting a positive NPV project will increase the value of the firm b. NPV and IRR always yield the same ranking when evaluating projects c. A project may have multiple IRRs when the sign of the cash flows changes more than once d. IRR is the discount rate that makes the NPV equal to zero Solution: B

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