Corporate Finance
Corporate Finance
3rd Edition
ISBN: 9780132992473
Author: Jonathan Berk, Peter DeMarzo
Publisher: Prentice Hall
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Chapter 7.2, Problem 1CC
Summary Introduction

To explain: The condition under which the IRR rule and the NPV rule matches for a stand-alone project.

Introduction:

Net present value (NPV) and internal rate of return (IRR) help to make capital-budget decisions. It would choose an alternative or an investment to increase the value of an enterprise.

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