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Commerce · Q398

Business Finance

Graduate and Post Graduate · Commerce · question 398

Q398

Which of the following statement is/are incorrect?

A.
Sometimes, IRR fails to indicate correct choice between mutually exclusive projects
B.
Payback period is widely used since it is a measure of profitability
Answer
C.
Both A and B
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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