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assume Assume a project has normal cash flows (that is, the initial cash flow is negative, and all other cash flows are positive). All else
assume
Assume a project has normal cash flows (that is, the initial cash flow is negative, and all other cash flows are positive). All else equal, which of the following statements is CORRECT? The project's IRR increases as the required rate of return declines. The project's MIRR is unaffected by changes in the required rate of return. NPV > if IRR Step by Step Solution
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