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Suppose we're evaluating a project with an NPV of $20 million and an IRR of 14%. If we double all cash flows (both positive and

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Suppose we're evaluating a project with an NPV of $20 million and an IRR of 14%. If we double all cash flows (both positive and negative), scaling everything up proportionally, then we will double the NPV but the IRR won't change at all, since IRR does not consider scale. True False

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