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Which of the following statements is CORRECT? a. A projects MIRR is always less than its IRR. b. If a projects IRR is greater than
Which of the following statements is CORRECT?
a. A projects MIRR is always less than its IRR.
b. If a projects IRR is greater than its Hurdle Rate, then the MIRR will be less than its IRR.
c. If a projects IRR is greater than its Hurdle Rate, then the MIRR will be greater than its IRR.
d. To find a projects MIRR, we compound cash inflows at the IRR and then discount the terminal value back to t = 0 at the Hurdle Rate.
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