问题
单项选择题
Which of the following statements about NPV and IRR is FALSE（）
A. The NPV method assumes that all cash flows are reinvested at the cost of capital.
B. For independent projects if the IRR is ＞ the cost of capital accept the project.
C. For mutually exclusive projects you should use the IRR to rank and select projects.
答案
参考答案：C
解析：
For mutually exclusive projects you should use NPV to rank and select projects.
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