What about D-J?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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What about D-J?

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Step 1: Define of IRR

IRR is also known as Net Present calue. It is a capital budgeting techniques which helps in decision making on the basis of future cash inflow & outflow from the project. If the project provide the IRR greater than cost of capital than project should be accepted and vice versa.


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