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单选题 编号:2690544
1. Which of the following statements least accurately describes the IRR and NPV methods?
  • A.The discount rate that gives an investment an NPV of zero is the investment's IRR.
  • B.If the NPV and IRR methods give conflicting decisions for mutually exclusive projects,the IRR decision should be used to select the project.
  • C.The NPV method assumes that a project's cash flows will be reinvested at the cost of capital,while the IRR method assumes they will be reinvested at the IRR.

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