f the IRR of Machine C is 12.5% and the IRR of Machine D is 11%, then it is correct to conclude that Machine C is more profitable than Machine D.   Is this true or false, explain why

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If the IRR of Machine C is 12.5% and the IRR of Machine D is 11%, then it is correct to conclude that Machine C is more profitable than Machine D.

 

Is this true or false, explain why 

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