| Q.73 | Which of the following statements is INCORRECT in the context of Net Present Value (NPV)? | |
| Ans | A. NPV represents the net contribution of the project towards the firm’s wealth. | |
| B. The acceptance rule of NPV in case of mutually exclusive projects is to select the one with the highest positive NPV. | ||
| C. NPV provides a measure of the project’s own rate of return. | ||
| D. NPV is the excess of the present value of inflows over the present value of outflows. |
Correct Ans Provided: C
