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1(a). (TRUE or FALSE?) A project that has a positive NPV will also have an IRR...

1(a). (TRUE or FALSE?) A project that has a positive NPV will also have an IRR that is greater than the discount rate if the proposed capital budgeting projects are independent.

1(b). (TRUE or FALSE?) Projects with NPVs of positive values will reduce the firm’s value but it just meet the firm’s requirements.

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