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1.Which of the below is an advantage of the IRR method of valuation? a.IRR does not imply consistent decisions in mutually exclusive projects b.IRR does
1.Which of the below is an advantage of the IRR method of valuation?
a.IRR does not imply consistent decisions in mutually exclusive projects
b.IRR does not require a cost of capital to make decisions on certain projects
c.IRR considers a reinvestment rate different than that of the NPV
d.IRR is insensitive to the size of the project
e.IRR is insensitive to the direction of the cash flows
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