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Evaluation of the merits and drawbacks of the use of the internal rate of return as an investment criterion…

30 Σεπτεμβρίου, 2006

1   Technically, IRR is a discount rate: the rate at which the present value of an investment is equal to the present value of the returns on this investment. The aim with IRR is to answer the question: ‘What level of interest will this project be able to withstand?’ Once we know this, the […]