Which of the Following Statements Is FALSE

question 27

Multiple Choice

Which of the following statements is FALSE?

• A)About 75% of firms surveyed used the NPV rule for making investment decisions.
• B)If you are unsure of your cost of capital estimate,it is important to determine how sensitive your analysis is to errors in this estimate.
• C)To decide whether to invest using the NPV rule,we need to know the cost of capital.
• D)NPV is positive only for discount rates greater than the internal rate of return.

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A court established by the federal government of a country that has jurisdiction over matters involving federal laws.

State Court

A court that operates under the laws of a specific state, dealing with matters not exclusively assigned to federal courts.

Venue

The location where a legal case is tried or a judicial proceeding is carried out.

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A law passed by a state legislature that is specific to that state.