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Which of the following statements about IRR (internal rate of return) and MIRR (modified IRR) is correct? (A) A project's MIRR is always lower than
Which of the following statements about IRR (internal rate of return) and MIRR (modified IRR) is correct?
(A) A project's MIRR is always lower than its regular IRR.
(B) If a project's IRR is higher than its WACC, then its MIRR will be higher than the IRR.
(C) IRR is independent of the projects' size, but the modified IRR method overcomes this problem.
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