. 7. Which one of the following statements is incorrect? A. [3] When the net...

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Accounting

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. 7. Which one of the following statements is incorrect? A. [3] When the net present value is negative, the internal rate of return is greater than the cost of capital B.[2] The NPV and IRR techniques consider the time value of money C. [1] The payback period is the length of time required to recover the initial investment D. [4] None of the options (1.2 or 3) is incorrect 0 0 . Rationale

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