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Which of the following is NOT a correct characteristic of IRR?A. Assumes cash flows are reinvested at the WACC rate. B. It's the discount rate at which NPV=0C. It's one way to obtain an expected profitability of the project, in percentage terms.D. It is the same as the bond's YTM.E. Signals a 'good' project if it's higher than the WACC.

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