Question
Which of the following statements about capital budgeting decision rules is correct? When evaluating mutually exclusive projects, NPV and IRR will always provide identical accept/reject
Which of the following statements about capital budgeting decision rules is correct? When evaluating mutually exclusive projects, NPV and IRR will always provide identical accept/reject decision answers. When evaluating independent projects, NPV and IRR sometimes provide conflicting answers, but IRR will always provide the correct answer. When evaluating mutually exclusive projects, NPV and IRR sometimes provide conflicting answers, but IRR will always provide the correct answer. When evaluating independent projects, NPV and IRR will always provide identical accept/reject decision answers.
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