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Which of the following statements is true?

A) To make an investment decision based on IRR, we do not need to know the appropriate discount rate.

B) For a given project, NPV and Discounted Payback Period will reach the same decision if the targeted time is infinity.

C) When comparing two mutually exclusive projects using the IRR, we should always pick the one with a higher IRR.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92097639

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