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The timing of the cash flows does not aflect the IRR. In other words, if sales surge in years 2 and 3 but decline in

The timing of the cash flows does not aflect the IRR. In other words, if sales surge in years 2 and 3 but decline in years 4 and 5 , the IRR will not be impacted so long as the total cash flows are the same. True False

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