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Which of the following isn't a reason that the internal rate of return (IRR) may result in inaccurate decisions? A project can have multiple IRRs

Which of the following isn't a reason that the internal rate of return (IRR) may result in inaccurate decisions?

A project can have multiple IRRs

IRR favors projects with higher cash flows in earlier years

IRR does not consider the time value of money

IRR favors projects with lower investment costs

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