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Which of the following statements is true? A . One must know the discount rate to compute the NPV of a project but one can

Which of the following statements is true?
A. One must know the discount rate to compute the NPV of a project but one can compute the IRR without referring to the discount rate.
B. Multiple changes in the sign of cash flows implies existence of multiple IRRs.
C. Payback rule does not account for time value of money.
D. All of the above.
E. B and C only.
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