Modified Internal Rate of Return

Multiple Choice

Modified internal rate of return:

A) handles the multiple IRR problem by combining cash flows until only one change in sign change remains.
B) requires the use of a discount rate.
C) does not require the use of a discount rate.
D) Both handles the multiple IRR problem by combining cash flows until only one change in sign change remains; and requires the use of a discount rate.
E) Both handles the multiple IRR problem by combining cash flows until only one change in sign change remains; and does not require the use of a discount ratE.