Question: Which are valid reasons for using the IRR? Select all that apply: IRR and NPV always give the same ranking of projects. A rate of

Which are valid reasons for using the IRR?

Select all that apply:

IRR and NPV always give the same ranking of projects.

A rate of return seems more intuitive to many people.

The IRR calculation doesn't require a discount rate.

IRR is the easiest way to summarize a project's merit.

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