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Which of the following statements is CORRECT? A) The IRR and NPV criteria always give the same decision about capital budgeting. B) A project with

Which of the following statements is CORRECT?

A)

The IRR and NPV criteria always give the same decision about capital budgeting.

B)

A project with non-normal cash flows may have multiple MIRRs instead of multiple IRRs.

C)

For MIRR, cash flows are discounted at the opportunity cost of capital.

D)

The lower the MIRR is, the better the project is.

E)

None of the above is correct.

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