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Which of the following statements about the Return on Investment (ROI) is incorrect? ROI measures use time value of money concepts such as inflation. The

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Which of the following statements about the Return on Investment (ROI) is incorrect? ROI measures use time value of money concepts such as inflation. The calculation of IRR requires the project cost of capital (discount rate). IRR is a rate of (percentage) return measure. Net present value (NPV) is a dollar return measure

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