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Which one of the following statements is NOT correct? a. Two mutually exclusive projects could both be accepted as far as their NPVs are positive.
Which one of the following statements is NOT correct? a. Two mutually exclusive projects could both be accepted as far as their NPVs are positive. b. An independent project is acceptable if its NPV is greater than zero. c. NPV is more reliable than IRR or payback period in making capital budget decisions. d. NPV is more popular than payback period in the real world. e. None of the above options
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