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Which of the following is correct? 1. The NPV and IRR methods may draw different conclusions about project desirability when evaluating mutually-exclusive investment alternatives. 2.

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Which of the following is correct? 1. The NPV and IRR methods may draw different conclusions about project desirability when evaluating mutually-exclusive investment alternatives. 2. The equivalent annual annuity method and the replacement chain method may come to different recommendations when evaluating projects with unequal lives. O 1 only. O Both 1 and 2. O Neither 1 nor 2. O 2 only

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