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Which of the following statements is correct? Select one: a. The internal rate of return (IRR) can be found using the approximation formula that is

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Which of the following statements is correct? Select one: a. The internal rate of return (IRR) can be found using the approximation formula that is used for bonds. O b. The internal rate of return (IRR) does not take into account the time value of money c. The internal rate of return (IRR) on a project is the rate that equates the initial investment (today's value) to the present value of all future cash flows O d. The internal rate of return (IRR) cann't be found by trial and error EM 12 W XOC 89 MacBook Air

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