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2. Which of the following describes the disadvantages of IRR method? A. It does not include the time value of money. B. It is difficult
2. Which of the following describes the disadvantages of IRR method? A. It does not include the time value of money. B. It is difficult to compare multiple investment opportunities with different costs C. It assumes cash flows generated by the project are reinvested at the cost of cap D. In case of non-normal cash flows, the method may not be reliable. 3. The payback period method takes consideration of the time value of money. TRUE FALSE
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