Question: What is the rationale for using the MIRR as opposed to the IRR decision criterion? Describe the fundamental shortcoming of the MIRR method.

What is the rationale for using the MIRR as opposed to the IRR decision criterion? Describe the fundamental shortcoming of the MIRR method.

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What is the rationale for using the MIRR as opposed to the IRR decision criterion? Describe the fundamental shortcoming of the MIRR method.

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