(1) What is the underlying cause of ranking conflicts between NPV and IRR? (2) What is the...

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(1) What is the underlying cause of ranking conflicts between NPV and IRR?
(2) What is the reinvestment rate assumption, and how does it affect the NPV-versus-IRR conflict?
(3) Which method is the best? Why?

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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