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Title: On a purely theoretical basis, NPV is the better approach to capital budgeting than IRR because NPV ... Post by: pompa on Mar 7, 2017 On a purely theoretical basis, NPV is the better approach to capital budgeting than IRR because NPV implicitly assumes that any intermediate cash inflows generated by an investment are reinvested at the firm's cost of capital.
Title: Re: On a purely theoretical basis, NPV is the better approach to capital budgeting than IRR because ... Post by: Ulain on Mar 7, 2017 Content hidden
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