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Which statements correctly applies to modified internal rate

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Reference no: EM132593481

Question 1: Which one of the following statements correctly applies to the modified internal rate of return (MIRR)?

A) The MIRR is preferable to the IRR when a project has conventional cash flows.

B) The MIRR is used to evaluate projects that have negative NPVs.

C) The MIRR is another means of computing an accounting rate of return.

D)The MIRR depends upon an external discount rate, an external compounding rate, or both.

Reference no: EM132593481

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