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Which of the following are correct statements about the internal rate of return (IRR)? (Check all that apply.) IRR uses the time value of money.

Which of the following are correct statements about the internal rate of return (IRR)? (Check all that apply.)

IRR uses the time value of money.

The higher the IRR, the better.

IRR is expressed in dollars.

IRR uses accrual income as the measurement basis.

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