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PLEASE EXPLAIN LONG AND CLEARLY. 1) Explain Advantages and disadvantages of using IRR.( Internal Rate of Return). 2) -The closer the correlation is to 0,

PLEASE EXPLAIN LONG AND CLEARLY.

1) Explain Advantages and disadvantages of using IRR.( Internal Rate of Return).

2) -"The closer the correlation is to 0, the more the returns tend to move together as a result of common risk." Is it correct ? Explain.

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