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Which of the following isn't a reason that the internal rate of return (IRR) may...

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Question

Finance

Which of the following isn't a reason that the internal rate of return (IRR) may result in inaccurate decisions?

Group of answer choices:

IRR favors projects with lower investment costs

IRR does not consider the time value of money

IRR favors projects with higher cash flows in earlier years

A project can have multiple IRRs

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