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Memphic Memphic
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6 years ago
When using the internal rate of return (IRR) investment rule, we compare:
A) the average return on the investment opportunity to returns on all other investment opportunities in the market.
B) the average return on the investment opportunity to returns on other alternatives in the market with equivalent risk and maturity.
C) the NPV of the investment opportunity to the average return on the investment opportunity.
D) the average return on the investment opportunity to the risk-free rate of return.
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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6 years ago
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