Question: Which statement about a project's MIRR is correct? Assume that the project being considered has normal cash flows, with one outflow followed by a series
Which statement about a project's MIRR is correct? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows. a. If a project's IRR is greater than its WACC, then the MIRR will be greater than the IRR. b. A project's MIRR is always greater than its regular IRR. c. A project's MIRR is always less than its regular IRR. d. If a project's IRR is greater than its WACC, then the MIRR will be less than the IRR
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