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Which of the following will/may lead to the wrong decision if IRR is used as the investment decision criteria? (assuming conventional pattern of cash flow)
Which of the following will/may lead to the wrong decision if IRR is used as the investment decision criteria? (assuming conventional pattern of cash flow) when dealing with mutually exclusive projects. when dealing with very small independent projects when dealing with very large independent projects O when the cost of capital is very small O IRR never leads to the wrong decision
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