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When dealing with mutually exclusive projects, the project with the higher Internal Rate of Return (IRR) should always be selected. may not be the best

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When dealing with mutually exclusive projects, the project with the higher Internal Rate of Return (IRR) should always be selected. may not be the best selection due to discount rate and timing problems. may not be the best selection due to timing and scale problems. may not be the best selection due to scale and reversing flow profems. should never be selected

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