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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 9: Net Present Value and Other Investment Criteria
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    Explain Why the Internal Rate of Return (IRR) Is So
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Explain Why the Internal Rate of Return (IRR) Is So

Question 242

Question 242

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Explain why the internal rate of return (IRR) is so useful to decision makers when analyzing an independent project.

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The IRR is the discount rate which makes...

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