Page 350 - F2 - MA Integrated Workbook STUDENT 2018-19
P. 350
Chapter 14
Internal rate of return (IRR)
5.1 IRR technique
IRR calculates the rate of return at which a project has an NPV of zero.
NPV
Estimated
IRR
Discount rate
0 %
5 10 15 20
NPV
f
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