Internal Rate of Return
Internal Rate of Return (IRR) - Short Notes:
1. Definition: The Internal Rate of Return (IRR) is a financial metric used to evaluate the potential profitability of an investment or project. It represents the discount rate at which the net present value (NPV) of future cash flows from the investment equals zero.
2. Investment Decision: When calculating IRR, if the resulting rate is greater than the required rate of return or _________ ____ _______ _____ _____ ________ ________ ___ ________.
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