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The primary advantages of the modified internal rate of return (MIRR) over the internal rate of return (IRR) include which of the following? The MIRR
The primary advantages of the modified internal rate of return (MIRR) over the internal rate of return (IRR) include which of the following?
The MIRR overcomes problems with the IRR calculation when a project produces nonnormal cash flows. | ||
The MIRR assumes reinvestment of the proceeds from capital projects at the project cost of capital rather than at the internal rate of return. | ||
The MIRR accounts for a project |
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