Which of the Following Statements Is CORRECT

question 83

Multiple Choice

Which of the following statements is CORRECT?

• A) If Project A's IRR exceeds Project B's, then A must have the higher NPV.
• B) A project's MIRR can never exceed its IRR.
• C) If a project with normal cash flows has an IRR less than the WACC, the project must have a positive NPV.
• D) If the NPV is negative, the IRR must also be negative.
• E) If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV.

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Definitions:

PR Professionals

Individuals specialized in public relations, responsible for managing the public image of clients and communicating with the media and public.

PRSSA

Public Relations Student Society of America, an organization that offers public relations students opportunities to enhance their education and careers through industry involvement.

Perceived

Regarded in a certain way; interpreted based on one's observations or understandings.

Credible

Describes something or someone as being believable or trustworthy, often due to a record of accuracy and reliability.