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When using internal rate of return (IRR), net present value (NPV), or profitability index (PI) in capital budgeting: A. Mutually exclusive projects are always ranked

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When using internal rate of return (IRR), net present value (NPV), or profitability index (PI) in capital budgeting: A. Mutually exclusive projects are always ranked the same. B. Direct estimates of the increase or decrease in shareholder value can be obtained. C. The time value of money is taken into account. D. Accounting measures of profit are considered. E. The method is simple and decisions are intuitive

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