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The following problem of IRR is NOT solved by MIRR Select one: a. It assumes that the cashflow is reinvested at IRR b. It ignores
The following problem of IRR is NOT solved by MIRR Select one: a. It assumes that the cashflow is reinvested at IRR b. It ignores the scale and pattern of cash flow for mutually exclusive projects c. There can be more than IRR d. IRR gives a misleading picture about the profitability of the project e. It assumes that the rate remains stable throughout the duration of the project
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