Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Finance Cash flow analysis

Which of the following is/are merits of IRR criteria ?

a. Provides multiple IRRs for mixed NCFs.

b. It is independent of discount rate.

c. It considers time value of money.

1
only a
2
only b
3
a and b
4
b and c
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