Question 2 Q: 2 Which of the following statements is TRUE? Options A: The IRR of every project is based on it achieving a Net Present Value of zero. B: It is preferable for the calculated IRR of a project to be below bank interest rates, C: Discounted cash flows do not usually take into account the time value of money. D: When comparing two projects, the one with the lower NPV should be preferred. Save Question Show Answer Discussion 0 Clear Discussion Most voted Newest No comments yet. Be the first to comment. Post Be respectful. No spam. Correct Answer: A