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The internal rate of return can lead to faulty decisions: I. if the cash flows are nonconventional. II. if more than one cash flow is

The internal rate of return can lead to faulty decisions: I. if the cash flows are nonconventional. II. if more than one cash flow is positive. III. if a projects life exceeds 3 years. IV. if two projects are mutually exclusive. a. II only b. IV only c. I and IV only d. II, III, and IV only

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