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In comparing the internal rate of return and net present value methods of evaluation, A. financial managers prefer net present value because it is presented

In comparing the internal rate of return and net present value methods of evaluation,

A. financial managers prefer net present value because it is presented as a rate of return.

B. net present value is not theoretically superior, but financial managers prefer to use it anyway.

C. internal rate of return is theoretically superior, but financial managers prefer net present value.

D. financial managers prefer net present value because it measures benefits relative to the costs.

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