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The internal rate of return for capital budgeting takes into account discounted cash flows. However, it does not take into account the exact or approximate
The internal rate of return for capital budgeting takes into account discounted cash flows. However, it does not take into account the exact or approximate timing of cash flow. Explain.
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
