NPV mathematically will give the correct accept-or-reject decision regardless of Whether the project experiences non-normal cash...

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NPV mathematically will give the correct accept-or-reject decisionregardless of Whether the project experiences non-normal cash flowsor if differences in project size or timing of cash flows exist inour case."

Would the IRR provides the correct accept -or-reject decision asthe NPV ?

If you cannot eliminate the systematic risk, how can you reduce itif you hold a portfolio of several stocks?

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No the IRR would not provide the same correct decision as the NPV The IRR will provide a different decision in these cases If a project has a higher NPV but a lower IRR the IRR See Answer

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NPV mathematically will give the correct accept-or-reject decisionregardless of Whether the project experiences non-normal cash flowsor if differences in project size or timing of cash flows exist inour case."Would the IRR provides the correct accept -or-reject decision asthe NPV ?If you cannot eliminate the systematic risk, how can you reduce itif you hold a portfolio of several stocks?