Question
The IRR is time sensitive, while the multiple of cost is not. For example, if a $20M investment is sold for $40M (a) after 1
The IRR is time sensitive, while the multiple of cost is not. For example, if a $20M investment is sold for $40M (a) after 1 year: MC = 2x and IRR= 100%, (b) after 3 years: MC = 2x and IRR= 26%, and (c) after 5 years: MC = 2x and IRR= 15%
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
