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Question Completion Status: QUESTION 22 Project AX910 has a time series of cash flows that changes sign repeatedly. Project AX910 has three different IRRs. They

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Question Completion Status: QUESTION 22 Project AX910 has a time series of cash flows that changes sign repeatedly. Project AX910 has three different IRRs. They are at 15%, 25%, and 35%. What can we say about using the Internal Rate of Return (IRR) rule to evaluate Project AX910? The IRR rule is clear in this case: if the discount rate is below 15%, then we should accept the project because all IRRs are higher than this rate. The IRR rule is clear in this case: if the discount rate is above 35%, then we should accept the project because all IRRs are OB. lower than this rate. OC. No simple IRR rule exists in this case. We have to use the net present value (NPV) rule instead. The IRR rule is no good, but the NPV rule is also no good. We need something different and simpler, like the payback D rule. We cannot use the IRR rule, the NPV rule or the payback rule. We need something different from any of these. OE. Save All AS Click Save and Submit to save and submit. Click Save All Answers to save all answers. W

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