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1. Define the net present value (NPV) rule. 2~4 sentences with equation. 2. Define the internal rate of return (IRR) rule. 2~4 sentences with equation.

1. Define the net present value (NPV) rule. 2~4 sentences with equation.

2. Define the internal rate of return (IRR) rule. 2~4 sentences with equation.

3. Define the capital asset pricing model (CAPM). 3~4 sentences with equation.

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