Its been suggested that one of the features that makes irr, Ask an Expert

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It's been suggested that one of the features that makes IRR attractive is that, unlike NPV, it avoids the need to make the always-difficult calculation of the cost of capital. But wait a minute! Don't we need the cost of capital to determine if the project's IRR is high enough to make it acceptable?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92084271

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