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Modified Internal Rate of Return (MIRR) modifies the IRR model in the following way. Multiple Choice It modifies the interest rate so that it is
Modified Internal Rate of Return (MIRR) modifies the IRR model in the following way. Multiple Choice It modifies the interest rate so that it is a RADR (risk adjusted discount rote) It modifies the timing of cash flows for mutually exclusive projects. It modifies IRR by applying WACC as the reinvestment rate for all cash flows. It modifies the IRR so that it includes cash flows after the cutoff date
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