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Which of the following is true about the internal rate of return method? An assumption of this method is that the cash flows generated by

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Which of the following is true about the internal rate of return method? An assumption of this method is that the cash flows generated by a project are reinvested at the company's cost of capital It is equal to the net income generated by a project Companies with high internal rates of return will also have short payback periods When comparing projects using this method, higher internal rates of return are preferable to lower internal rates of return

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