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The internal rate of return (IRR) investment criterion typically assumes that cash flows are reinvested at: the risk free rate. the project's internal rate of
The internal rate of return (IRR) investment criterion typically assumes that cash flows are reinvested at: the risk free rate. the project's internal rate of return itself. the project's cost of capital. zero. The use of accelerated (e.g.MACRS) versus straight-line depreciation causes net income reported to stockholders to be lower, and cash flows higher, during every year of a project's life, other things held constant. True. False
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