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The modified internal rate of return: Multiple Choice is computed by combining cash flows until only one change in sign remains. is used to make

The modified internal rate of return:

Multiple Choice

is computed by combining cash flows until only one change in sign remains.

is used to make accept

/

reject decisions when no discount rate can be assigned.

assumes all projects are financing projects.

applies only to profitability calculations.

is used as the discount rate for all NPV calculations.

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