Suppose two projects with normal cash flows, X and Y, have exactly the same required initial investment,

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Suppose two projects with normal cash flows, X and Y, have exactly the same required initial investment, but X has a longer payback.

Can we say anything about X’s IRR versus that of Y?

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M Finance

ISBN: 9781266827877

6th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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