Given Two Projects with the Same Total (I

Given two projects with the same total (i.e., project lifetime) cash flow returns (CFRs) , the internal rate of return (IRR) method of capital budgeting would favor a proposal having yearly CFRs that were:

A) Even.
B) Uneven.
C) Heavier towards the end of a proposal's life.
D) Heavier towards the beginning of a proposal's life.
E) Heavier towards the middle of a proposal's life.

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