solution

Which of the following statements is CORRECT?

O One weakness of the IRR method is that is difficult to understand eince in finance we rarely think of things in terms of their rate of return.
O One weakness of the IRR method is that it assumes that the cash flows to be received from a project can be reinvested at the IRR itself, and that assumption is often not valid.
O One weakness of the IRR method is that it does not take account of the time value of money.
O One weakness of the IRR method is that it does not take account of cash flows over a project’s full life.
O One weakness of the IRR method is that it values a dollar received today the same as a dollar that will not be received until sometime in the future,

 
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