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    Financial Management Theory and Practice Study Set 1
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    Exam 10: The Basics of Capital Budgeting: Evaluating Cash Flows
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    The Primary Reason That the NPV Method Is Conceptually Superior
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The Primary Reason That the NPV Method Is Conceptually Superior

Question 2

Question 2

True/False

The primary reason that the NPV method is conceptually superior to the IRR method for evaluating mutually exclusive investments is that multiple IRRs may exist.

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