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9) The procedure for calculating a discount rate is not given, but we are looking for such a value of it with which the expected

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9) The procedure for calculating a discount rate is not given, but we are looking for such a value of it with which the expected free cash flow will be equalto the present valure of investment costs. This procedure is mostly used for a) The intemal rate of retum (IRR) b) CAPM c) time of payment

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