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1. IRR method (1) Define the term internal rate of return(IRR). What is each project's IRR? (2) How is the IRR on a project related
1. IRR method
(1) Define the term internal rate of return(IRR). What is each project's IRR?
(2) How is the IRR on a project related to the YTM on a bond?
(3)According to IRR, which project(s) should be accepted if they are independent? Mutually exclusive?
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