which of the following is true(21)

Which of the following statements is TRUE? O a. When there is a conflict between NPV and another decision rule, always use NPV because NPV provides a direct measure of value the project adds to shareholder wealth. Ob Net present value involves discounting an investment's future assets. oc The net present value model ignores time value of time. od The net present value is positive when the cost of capital exceeds the internal rate of return