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The IRR should: a) Result in correct decisions when comparing mutually exclusive projects. b) Not be relied upon for ranking mutually exclusive projects. c)

The IRR should: a) Result in correct decisions when comparing mutually exclusive projects. b) Not be relied upon for ranking mutually exclusive projects. c) Be used more heavily than the NPV. d) Always lead to the same decision as discounted payback. e) Only be used for small projects.

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