Fundamentals of Corporate Finance (4th Edition) (Berk  DeMarzo & Harford  The Corporate Finance Series)
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Chapter 8, Problem 6CT
Summary Introduction

Internal Rate of return: Internal rate of return is that rate at which the present value of cash inflows is similar to the present value of cash outflows and resulted net present value became zero.

To Explain: The possibility to have the multiple Fundamentals of Corporate Finance (4th Edition) (Berk  DeMarzo & Harford  The Corporate Finance Series), Chapter 8, Problem 6CT

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