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Which of the following statements is FALSE? Problems can arise using the IRR method when the mutually exclusive investments have differences in scale. The incremental

Which of the following statements is FALSE?
Problems can arise using the IRR method when the mutually exclusive investments have differences in scale.
The incremental IRR investment rule applies the IRR rule to the difference between the cash flows of the two mutually exclusive alternatives.
When a manager must choose among mutually exclusive investments, the NPV rule provides a straightforward answer.
The likelihood of multiple IRRs is greater with the regular IRR rule than with the incremental IRR rule.

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