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Which of the following statements is NOT correct? A) If two projects are mutually exclusive, it means that if one project is accepted, then the

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Which of the following statements is NOT correct? A) If two projects are mutually exclusive, it means that if one project is accepted, then the other must be rejected. B) If two projects are mutually exclusive, the manager should accept the project with the higher positive NPV. However, if no project has a positive NPV, then reject them all. C) If two projects are independent, and both projects have positive NPVs, then the manager should accept both of them. D) If two projects are independent, and both projects have positive NPVs, then the manager should only accept the project with higher NPV. E) None of the above

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