Which of the Following Statements Is False

question 63

Multiple Choice

Which of the following statements is false?

• A) It is possible that an IRR does not exist for an investment opportunity.
• B) If the payback period is less than a pre-specified length of time you accept the project.
• C) The internal rate of return (IRR) investment rule is based upon the notion that if the return on other alternatives is greater than the return on the investment opportunity you should undertake the investment opportunity.
• D) It is possible that there is no discount rate that will set the NPV equal to zero.

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Definitions:

Enforcement Acts

The Enforcement Acts were a series of laws passed by Congress in the early 1870s to protect African Americans' rights and to combat the activities of the Ku Klux Klan and similar groups in the Reconstruction South.

Ku Klux Klan

A white supremacist group that has advocated for the white dominance, anti-immigration, and segregationist policies in the United States since its formation in the 19th century.

President Grant

Ulysses S. Grant, the 18th President of the United States, known for his leadership during the Civil War and his efforts in Reconstruction.

State-Funded Systems

Government-supported services or sectors, such as education, healthcare, and transportation, financed through taxation.