Which of the Following Statements Is Most Correct

question 43

Multiple Choice

Which of the following statements is most correct?

• A) If a project with normal cash flows has an IRR which exceeds the cost of capital, then the project must have a positive NPV.
• B) If the IRR of Project A exceeds the IRR of Project B, then Project A must also have a higher NPV.
• C) The modified internal rate of return (MIRR) can never exceed the IRR.
• D) Answers a and c are correct.
• E) None of the answers above is correct.

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Definitions:

Parasympathetic Nervous System

A division of the autonomic nervous system responsible for conserving energy and promoting a state of calmness and rest.

Acetylcholine

A neurotransmitter in both the central and peripheral nervous systems that plays an important role in muscle activation, memory, and learning.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, affecting heart rate, blood pressure, and blood glucose levels.

Epinephrine

Epinephrine, also known as adrenaline, is a hormone and neurotransmitter that increases heart rate, contracts blood vessels, and opens airways in response to stress or excitement.