Which of the Following Statements Is CORRECT

question 34

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:

Fast Beta Wave

A pattern of brain wave activity characterized by higher frequency waves, often associated with active concentration and anxiety.

Acetyladehyde Dehydrogenase

An enzyme in the body that helps break down alcohol into acetic acid, playing a crucial role in alcohol metabolism.

Physiological Effects

The body's responses and changes in function due to various stimuli, such as medications, exercise, or psychological stress.

Alcohol Use

The consumption of beverages containing ethanol, ranging from light drinking to heavy alcohol use, which can affect physical and mental health.