Hello
In ch.5 p.171 BPP book , i cannot understand the formula used for IRR calculation especially in denominator(0.5*(120000+15000) )
Please help me .
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ch.5
8y ago#1I am sorry but I do not have the BPP Study Text (only the revision kit), and so I cannot help you with the specific example.
My free lectures for P4 (and F2 and F9 as well) explain how to calculate the IRR.
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