All true or false:
-when performing a proper analysis of mutually exclusive alternatives, the best alternative must yield the largest rate of return.
-for compounding more often than once per year, and positive nominal interest, an effective interest rate will ALWAYS be greater than or equal to the corresponding nominal interest rate.
-if a bond is purchased for the face value, and the bond is kept to maturity, then the yieldfor owning the bond is the same as the bond rate
-when selecting from among MEAs, the AW method will always yield a lower IRR than the PW method
-the capital recovery cost increases as annual operating costs increase
-bonds can be bought and sold much like stocks
-when evaluating cost alternatives, "do nothing" is always an alternative
-the simple payback method is most useful as a liquidity measure
PLEASE HELP ME ASAP