a. Under what circumstances will the IRR and NPV rules lead to the same acceptreject decisions? When

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a. Under what circumstances will the IRR and NPV rules lead to the same accept–reject decisions? When might they conflict?
b. Is it generally true that an advantage of the IRR rule over the NPV rule is that we don’t need to know the required return to use the IRR rule?

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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