Which of the following statement(s) about the evaluation of a project's cash flows is (are)...
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Accounting
Which of the following statement(s) about the evaluation of a project's cash flows is (are) true?
| A | Accept any, and all independent projects where the IRR is greater than the required return, or the NPV is greater than $0. |
| B | In mutually exclusive projects (i.e.,can't do both) choose the project with the lower NPV based on the company's required rate of return. |
| C | Both statements are true. |
| D | Neither statement is true |
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