Describe the reinvestment assumption employed by NPV and IRR methods of capital budgeting.
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Describe the reinvestment assumption employed by NPV and IRR methods of capital budgeting.
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The NPV has no reinvestment rate assumption therefore the reinvestment rate ...View the full answer
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Related Book For
Basic Finance An Introduction to Financial Institutions, Investments and Management
ISBN: 978-1285425795
11th Edition
Authors: Herbert B. Mayo
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