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Using the IRR to evaluate an investment opportunity has an advantage over the NPV criteria None of the other answers are correct since the IRR

  1. Using the IRR to evaluate an investment opportunity has an advantage over the NPV criteria

    1. None of the other answers are correct

    2. since the IRR doesnt depend on the interest rate

    3. when there is no opportunity to reinvest the proceeds back and in scale us the operation

    4. because the IRR always agrees with the NPV criteria and is generally easier to compute than the NPV

Which answer is correct?

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