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QUESTION
26 Which of the following statements is true in regards to making capital budgeting decisions?
26
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
