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Question 1 (10 points) When irregular cash flows are present, a common problem in capital budgeting is: Oa O A complete invalidity of the NPV criterion. A contradiction between the IRR and MIRR criteria. The possibility of multiple IRRs. None of the above. c Od Question 2 (10 points) In evaluating the Weighted Average Cost of Capital (WACC), financial managers consider only: a b Incremental or the marginal cost of capital The total cost of capital incurred in the past. Both total and marginal costs of capital None of the above. C Od