7. Which TWO of the following statements are correct for a potential project with an investment followed by a series of positive operating cashflows? A The graph of NPV against discount rate has a...

7. Which
TWO
of the following statements are correct for a potential project with an investment followed by a series of positive operating cashflows?

A  The graph of NPV against discount rate has a negative slope

B  if the NPV at 10% is positive, the IRR will be below 10%

C  The IRR can be calculated exactly using linear interpolation

D  An estimate of the IRR requires the calculation of the NPV at 2 different rates