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The IRR is that discount rate that equates the present value of the cash outflows (or costs) with the present value of the cash inflows.
The IRR is that discount rate that equates the present value of the cash outflows (or costs) with the present value of the cash inflows.
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
7th Edition
0136103227, 9780136103226
