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Which of the following statements is NOT CORRECT ? a. The IRR method takes into account the time value of money b. The IRR method

Which of the following statements is NOT CORRECT?

a.

The IRR method takes into account the time value of money

b.

The IRR method values a dollar received today greater than a dollar that will be received until sometime in the future

c.

The IRR method takes into account the cash flows over a projects full life

d.

The IRR method assumes that the cash flows to be received from a project are to be reinvested at the WACC

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