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With independent projects, NPV and IRR provide identical accept/reject decisions. If, however, you have two mutually exclusive projects to evaluate, the most accurate thing you

With independent projects, NPV and IRR provide identical accept/reject decisions. If, however, you have two mutually exclusive projects to evaluate, the most accurate thing you could say about the eventual results is that: NPV and IRR may give conflicting results NPV and IRR never give the same result NPV and IRR always give the same result IRR is more lenient in accepting

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