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The reinvestment assumption for net present value and internal rate of return are, respectively, funds are reinvested at a . treasury rate and reinvested at
The reinvestment assumption for net present value and internal rate of return are, respectively, funds are
reinvested at
a treasury rate and reinvested at cost of capital.
b IRR and reinvested at cost of capital.
c cost of capital and reinvested at the treasury rate.
d cost of capital and reinvested at IRR.
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