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Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of
Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows.
a If a projects IRR is greater than its WACC, then the MIRR will be less than the IRR.
b A projects MIRR is always greater than its regular IRR.
c To find a projects MIRR, we compound cash inflows at the IRR and then discount the terminal value back to t at the WACC.
d If a projects IRR is greater than its WACC, then the MIRR will be greater than the IRR.
e A projects MIRR is always less than its regular IRR.
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