EBK INVESTMENTS
EBK INVESTMENTS
11th Edition
ISBN: 9781259357480
Author: Bodie
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 24, Problem 3PS
Summary Introduction

To determine:The IIR (the dollar weighted return) can be similarly ranked to the geometric average and arithmetic average knowing that the geometric average on risky investment is lower than the arithmetic average.

Introduction:IIR (Internal rate of return) is used for budgeting capital for finding the profitability of investments which are potential. This discount rate makes the net present value from a particular project to zero. It is a future plan for growth and expansion.

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