You are considering an investment in a clothes distributer. The company needs $ 100 comma 000$100,000 today and expects to repay you $ 120 comma 000$120,000 in a year from now. What is the IRR of this investment opportunity? Given the riskiness of the investment opportunity, your cost of capital is 20 %20%. What does the IRR rule say about whether you should invest? What is the IRR of this investment opportunit

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IRR is the rate at which the project NPV is equal to zero If the project IRR ... View the full answer