Which of the following statements is false?

		With a higher CCA rate, the PV of the tax savings increases.
		Under CCA amortization, the tax life of an asset and its economically useful life are assumed to be the same.
		With non-mutually exclusive events and no capital rationing, we will usually arrive at the same conclusions using either the net present value or internal rate of return methods.
		Under the net present value method, cash flows are assumed to be reinvested at the firm's weighted average cost of capital.