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As an investment criterion, IRR Always gives the same answer as NPV Always gives the wrong answer in the case of mutually exclusive projects or

As an investment criterion, IRR Always gives the same answer as NPV Always gives the wrong answer in the case of mutually exclusive projects or unconventional cash flows Always gives the wrong answer in the case of mutually exclusive projects or unconventional cash flows Always gives the correct answer Should be used in cases where NPV and IRR disagree

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