Question
Discuss the following statement: The IRR is the superior evaluation method, because unlike the NPV it may be calculated without calculating the cost of capital
Discuss the following statement:
"The IRR is the superior evaluation method, because unlike the NPV it may be calculated without calculating the cost of capital to use as the discount rate."
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Get StartedRecommended Textbook for
Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
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