Question: Return ( IRR ) method is / are the most correct? a . The IRR is the discount rate that equates the NPV of a

Return (IRR) method is/are the most correct?
a. The IRR is the discount rate that equates the NPV of a project with zero.
b. The IRR method assumes that cash flows will be reinvested at the cost of capital.
c. The IRR method generates three IRRs for a project if its cash flows change sign three times throughout its life.
d. Both a and lon are correct.
e. Both b and c are correct.
Return ( IRR ) method is / are the most correct?

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