Define the term reinvestment rate and describe how it differs for any cash flow series between (1) a PW value calculated at the MARR, and (2) the IROR value i*.
Define the term reinvestment rate and describe how it differs for any cash flow series between (1) a PW value calculated at the MARR, and (2) the IROR value i*.
Chapter11: Venture Capital Valuation Methods
Section11.7: Introducing Scenarios To Vcscs
Problem 3CC
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Define the term reinvestment rate and describe how
it differs for any cash flow series between (1) a PW
value calculated at the MARR, and (2) the IROR
value i*.
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