3. The IRR decision rule compares the IRR to the required rate of return (also...
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3. The IRR decision rule compares the IRR to the required rate of return (also known as the discount or hurdle rate). Suppose we are analyzing 3 possible required rates of return: 5% 10% 15% 1 Based on the IRR decision rule, for each of the above 3 required rates of return, which do you conclude is the better project to invest in?
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