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Which of the following statements is false? If two projects are mutually exclusive, then only accept the project having the higher NPV. O NPV will

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Which of the following statements is false? If two projects are mutually exclusive, then only accept the project having the higher NPV. O NPV will be greater than zero whenever a project's rate of return exceeds its cost of capital. O Any accepted project that has a positive NPV will increase firm value. O If two projects are independent, and both have positive NPVs, then one should accept both. One should always accept all projects having an NPV greater than zero

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