a. Under what circumstances will the IRR and NPV rules lead to the same accept-reject decisions? When
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Question:
a. Under what circumstances will the IRR and NPV rules lead to the same accept-reject decisions? When might they conflict?
b. Is it generally true that an advantage of the IRR rule over the NPV rule is that we don't need to know the required return to use the IRR rule?
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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