What is the relationship between a discount rate or irr and, Financial Management

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What is the relationship between a discount rate or irr and

1. What is the relationship between a discount rate (or IRR) and a capitalization rate? What causes differences between them?

2. What is meant by a unit of comparison? Why is it important?

3. Why do you think appraisers usually use three different approaches when estimating value?

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Financial Management: What is the relationship between a discount rate or irr and

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