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Which of the following statements is false about using the modified internal rate of return (MIRR)? O You must know the discount rate to compute

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Which of the following statements is false about using the modified internal rate of return (MIRR)? O You must know the discount rate to compute the MIRR. O It avoids the problem of multiple IRRs. O It computes the discount rate that sets the net present value of modified cash flows to zero. O It does a good job of comparing the values of multiple projects

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