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    Principles of Corporate Finance Study Set 4
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    Exam 12: Capital Budgeting: Principles and Techniques
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    The Internal Rate of Return Assumes That Intermediate Cash Inflows
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The Internal Rate of Return Assumes That Intermediate Cash Inflows

Question 38

Question 38

True/False

The internal rate of return assumes that intermediate cash inflows are invested at a rate equal to the firm's cost of capital.

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