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irr

CCIWWI4y ago
sir this is silly doubt, just a small confusion i have wriiten in my short notes tht irr is maximum return v can expect from the project. os it coorect sir??
John MoffatJohn MoffatTutor4y ago#1
No it is not correct. The IRR is the rate of interest at which the NPV is zero. The return from the project might be higher or lower than the IRR.
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