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If two investments are , then taking one of them means we cannot take the other.
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- When considering multiple possible investments, why are rates of return preferable than monetary returns?The interest rate is the IRR for the mixed investment. True or false?“Even in an efficient market, it is still valid to seek out a ‘favourable’ rate of returnfrom an equity investment. In an efficient market, one security is as good as any other.”Do you agree with this statement? Discuss your point of view.