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aznhermit101 aznhermit101
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6 months ago
Suppose projects Mars and Venus are mutually exclusive. Project Mars has an IRR of 10% and project Venus has an IRR of 20%. One can then conclude that

▸ project Mars has a negative NPV while project Venus has a positive NPV.

▸ project Mars must always be preferred to Venus.

▸ project Venus must always be preferred to Mars.

▸ it is impossible to rank the two projects without further information about the timing and amounts of the cash flows.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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romeo_izzy13romeo_izzy13
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aznhermit101 Author
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6 months ago
Brilliant ツ
erimis
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Yesterday
Just got PERFECT on my quiz
choih94
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2 hours ago
This helped my grade so much Perfect
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