14.Which of the following statements is true in regards to making capital budgeting decisions?

14.Which of the following statements is true in regards to making capital budgeting decisions?

Select one:

a. A firm should accept all mutually exclusive projects which have NPV > 0

b. A firm should accept all mutually exclusive projects which have IRR > 0

c. When a firm evaluates mutually exclusive projects, it should select the project with the highest NPV

d. When a firm evaluates mutually exclusive projects, it should select the project with the highest IRR

e. The IRR technique is the most reliable method for correctly evaluating mutually exclusive projects,