Whether the project is taken by Kingâ€™s Department Store or not. Introduction : Internal rate of return (IRR): It is a method of capital budgeting used to measure the profitability of potential projects or investments. It is a discount that makes the NPV of a specific project equal to zero.

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Chapter 12, Problem 12P

Summary Introduction

To calculate: Whether the project is taken by Kingâ€™s Department Store or not.

Introduction:

Internal rate of return (IRR):

It is a method of capital budgeting used to measure the profitability of potential projects or investments. It is a discount that makes the NPV of a specific project equal to zero.

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