All of the Following Statements Are Correct Except

question 129

Multiple Choice

All of the following statements are correct except:

• A)The NPV and IRR methods will only sometimes agree on whether a project enhances or harms shareholder wealth.
• B)If a project has a positive NPV, its IRR will always be less than the cost of capital.
• C)If a project has a negative NPV, its IRR will always be greater than the cost of capital.
• D)There is always a conflict between NPV and IRR in the case of mutually exclusive projects.
• E)none of the above are correct

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Definitions:

Biota

The total collection of organisms in a given area or at a given time.

Emergent

A phenomenon or property that arises from the complex interactions of simpler elements, not predictable from the characteristics of the individual elements alone.

Understory Layers

Refers to the vegetation layer in a forest that grows at a lower height under the forest canopy, consisting of shrubs, young trees, and ground cover plants.

Vegetation

Plant life or total plant cover in an area, encompassing the variety of plant species and their abundance.