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4. As a capital budgeting technique, Internal Rate of Return (IRR) can be especially tricky, if not handled carefully. We often come across multiple
4. As a capital budgeting technique, Internal Rate of Return (IRR) can be especially tricky, if not handled carefully. We often come across multiple rates of return. One such situation would be when we face multiple IRRS of 20% and 40%. Can you derive the corresponding equation and the quadratic function which crosses the x-axis both at 1.20 and 1.40? [4 marks] {15min}
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