Foundation of Finance
Quick practice
Question 1 of 5
Analyse the following statements.
Statement I: Simulation method is used in capital budgeting, in order to compute NPV random numbers and probabilities are also used.
Statement II: The results drawn from IRR and NPV are found to be the same in case of mutually exclusive projects.
A
Only statement I is correct
B
Both the statements are correct
C
Both the statements are incorrect.
D
Only Statement II is correct
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