In Comparing Two Mutually Exclusive Projects of Equal Size and Equal

question 44

Multiple Choice

In comparing two mutually exclusive projects of equal size and equal life, which of the following statements is most correct?

• A) The project with the higher NPV may not always be the project with the higher IRR.
• B) The project with the higher NPV may not always be the project with the higher MIRR.
• C) The project with the higher IRR may not always be the project with the higher MIRR.
• D) All of the answers above are correct.
• E) Answers a and c are correct.

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Definitions:

Monocot

One of two classes of flowering plants; monocot seeds contain a single cotyledon, or seed leaf. Compare with eudicot.

Linnaeus

Carl Linnaeus, an 18th-century Swedish botanist, physician, and zoologist who is known as the father of modern taxonomy for creating a system for naming, ranking, and classifying organisms.

Binomial System of Nomenclature

A formal system of naming species of living things by giving each a name composed of two parts, both of which use Latin grammatical forms.

Clades

Groups in a biological classification system that consist of an ancestor and all its descendants, representing a single branch on the tree of life.