Whenever projects are both independent and conventional, - 4762

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Whenever projects are both independent and conventional, then the IRR and NPV methods agree. Which of the following statements is true? 

A. A mutually exclusive project is one that can be chosen independently of other projects. 

B. When undertaking one project prevents investing in another project, and vice versa, the projects are said to have a positive payback. 

C. A conventional project is a project with an initial cash outflow that is followed by one or more expected future cash inflows. 

D. all of these 

 
Solution Description

Whenever projects are both independent and conventional, then the IRR and NPV methods agree. Which of the following statements is true?

A. A mutually exclusive pr