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Which of the following is NOT true regarding the net present value NPV or the Internal Rate of Return (IRR): A) If some of the

Which of the following is NOT true regarding the net present value NPV or the Internal Rate of Return (IRR): A) If some of the projects cash inflows are deferred until a later year, the NPV of the project will increase. B) If a stocks intrinsic value equals its market value, investing in the stock is a zero-NPV project. C) The IRR of investing in a corporate bond and holding the bond till maturity equals the bonds YTM. D) The NPV criteria considers time value of money as it discounts future cash flows. E) Even if two different projects have the same IRR, one may be rejected while the other accepted.

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