1. the internal rate of return is an unreliable indicator of whether or not to...
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Finance
1. the internal rate of return is an unreliable indicator of whether or not to accept a project if:
a. one of the time periods within the investment period has a cash flow equal to zero
b. the investment has cash inflows that occur after the required payback period
c. the investment is mutually exclusive with another investment of a materially different size
d. the initial cash flow is negative
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