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3. Question 3: Proficient-level: Describe the Internal Rate of Return (IRR) method for determining a capital budgeting project's desirability. What is the acceptance benchmark when

3. Question 3: Proficient-level: Describe the Internal Rate of Return (IRR) method for determining a capital budgeting project's desirability. What is the acceptance benchmark when using IRR? Distinguished-level: Explain how the NPV and IRR methods are similar and how they are different

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