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jack bopp jack bopp
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A year ago
The IRR of normal Project Y is smaller than the IRR of normal Project X, and both IRRs are greater than zero. Also, the NPV of Y is smaller than the NPV of X at the cost of capital. If the two projects are mutually exclusive, Project X should definitely be selected, and the investment made, provided we have confidence in the data. Put another way, it is impossible to draw NPV profiles that would suggest not accepting Project X.


▸ true

▸ false
Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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dioxy186dioxy186
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A year ago
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