Question
a.
It considers interim positive cash flows for a more realistic evaluation
b.
It discounts cash flows at a higher rate
c.
It assumes that interim positive cash flows are reinvested at the rate of the project that generated them
d.
It reinvests earlier cash flows at the firm's rate of return arriving at terminal value
Posted under IC 89 Management Accounting
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Q. What does the Modified Internal Rate of Return (MIRR) method do to overcome a drawback of the IRR method?
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