Differentiate between dollar return and rate of return. Why is the rate of return superior to the

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Differentiate between dollar return and rate of return.

Why is the rate of return superior to the dollar return in terms of accounting for the size of investment and the timing of cash flows?

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Corporate Finance A Focused Approach

ISBN: 9780324180350

1st Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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