You Were Evaluating Two Mutually Exclusive Projects for a Firm

question 76

True/False

you were evaluating two mutually exclusive projects for a firm with a zero cost of capital, the payback method and NPV method would always lead to the same decision on which project to undertake.

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Definitions:

Delivery

The act of transferring something from one party to another, often referring to goods, documents, or titles.

Endorsement

An act of giving one's public approval or support to someone or something, or in finance, the signature on the back of a check necessary for its negotiation.

Alteration

Any change or modification made to something, often referring to adjustments in clothing or documents.

Obligation

An obligation is a legal or moral duty to do or not do something.