Which of the following statements is true? The payback investment rule is based on the...
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Which of the following statements is true? The payback investment rule is based on the notion that an opportunity that pays back its initial investments quickly is not a good idea An internal rate of return (IRR) can't be a negative number for an investment opportunity. Net present value (NPV) always is less reliable than IRR for an investment opportunity. In general, there can be as many internal rates of return (IRRs) as the number of times the project's cash flows change sign over time
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