Question: Question 4 0 0 . 2 points How does the modified internal rate of return ( MIRR ) differ from the IRR? MIRR is always
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How does the modified internal rate of return MIRR differ from the IRR?
MIRR is always higher than IRR
MIRR is always lower than IRR
MIRR assumes that cash flows are reinvested at the cost of capital, while IRR assumes they are reinvested at the IRR
MIRR is calculated using a different formula than IRR
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