The modified internal rate of return: a. is used as the discount rate for all...
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Accounting
The modified internal rate of return:
a. is used as the discount rate for all NPV calculations.
b. applies only to profitability calculations.
c. is used to make accept/reject decisions when no discount rate can be assigned.
d. is computed by combining cash flows until only one change in sign remains.
e. assumes all projects are financing projects.
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