Which of the Following Statements Is FALSE

question 52

Multiple Choice

Which of the following statements is FALSE?

• A)The IRR investment rule states you should turn down any investment opportunity where the IRR is less than the opportunity cost of capital.
• B)The IRR investment rule states that you should take any investment opportunity where the IRR exceeds the opportunity cost of capital.
• C)Since the IRR rule is based upon the rate at which the NPV equals zero,like the NPV decision rule,the IRR decision rule will always identify the correct investment decisions.
• D)There are situations in which multiple IRRs exist.

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Definitions:

Skeletal Muscle

A type of striated muscle tissue which is attached to bones and is responsible for initiating and controlling voluntary movements.

Contraction

Contraction is the process of muscle fibers tightening or shortening, typically resulting in movement or the application of force.

Urinary Bladder

A muscular chamber that holds urine prior to its expulsion from the body.

Vasoconstriction

The narrowing of blood vessels, which increases blood pressure and decreases blood flow to certain areas.