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4. Which of the following statements is (are) true? I. Insurance derivatives are capital market risk financing products. II. If a project has multiple IRRs,

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4. Which of the following statements is (are) true? I. Insurance derivatives are capital market risk financing products. II. If a project has multiple IRRs, the NPV is positive at the highest IRR. a. I only b. II only c. Both I and II d. Neither I nor

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