What is net present value npv how is it calculated and what


• What is net present value (NPV), how is it calculated, and what is the basic premise of its decision rule?

• What is the internal rate of return (IRR), how is it calculated, and what is the basic premise of its decision rule?

• What is the modified internal rate of return (MIRR), how is it calculated, and what is the basic premise of its decision rule?

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