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Which of the following statements is true: Group of answer choices As the opportunity cost of capital decreases, the net present value of a project
Which of the following statements is true: Group of answer choices
As the opportunity cost of capital decreases, the net present value of a project increases.
The IRR is the rate of return on the cash flows of the investment, also known as the opportunity cost of capital.
Projects with an NPV of zero decrease shareholders' wealth by the cost of the project.
For mutually exclusive projects, the project with the higher IRR is the correct selection.
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