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Which of the following are true regarding capital budgeting tools? (Can be multiple) I. NPV can provide the incorrect answer when faced with unconventional cash

Which of the following are true regarding capital budgeting tools? (Can be multiple)
I. NPV can provide the incorrect answer when faced with unconventional cash flows.
II. The IRR and AAR provide answers in %.
III. The DPB will always be larger than the PB.
IV. The PI is a benefit to cost ratio.

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