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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