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QUESTION 11 The internal rate of return is: more reliable as a decision-making tool than net present value whenever you are considering mutually exclusive projects.

QUESTION 11 The internal rate of return is: more reliable as a decision-making tool than net present value whenever you are considering mutually exclusive projects. equivalent to the discount rate that makes the net present value equal to one. difficult and tedious to compute without the use of either a financial calculator or a computer. dependent upon the interest rates offered in the marketplace. a better methodology than net present value when dealing with unconventional cash flows.

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