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Critically evaluate the internal rate of return as a capital investment appraisal tool and discuss the key shortcomings specific to this method. 6 marks) What
- Critically evaluate the internal rate of return as a capital investment appraisal tool and discuss the key shortcomings specific to this method.
6 marks)
- What are the economic factors reflected in the required rate of return? Discuss the likely effects of the economic shock brought by the COVID-19 pandemic on rates of return required by investors.
(6 marks)
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