Two key weaknesses of the IRR rule are the:
A) failure to consider initial expenditures and failure to correctly analyze mutually exclusive project.
B) Failure to consider all cash flows and the multiple rate of return problem.
C) failure to correctly analyze mutually exclusive projects and the multiple rate of return problem.
D) arbitrary determination of a discount rate and failure to consider initial expenditures.
E) failure to correctly analyze mutually exclusive projects and the lack of a clear-cut decision rule.