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Which of the following is true of internal rate of return ( IRR ) ? A . If it is the lower, it is the
Which of the following is true of internal rate of return IRR
A If it is the lower, it is the better.
B It is the discount rate that makes the profitability index
C If the NPV of a project is positive, its discount rate is higher than IRR.
D If a project's IRR is higher than its discount rate, the project should be rejected.
E If a project's IRR becomes higher, its net present value will become smaller.
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