Examlex
Use the following information to answer the question(s) below.
-The Market's excess return for 2008 is closest to:
NPV
Net Present Value (NPV) is the calculation used to determine the present value of a series of future cash flows minus the initial investment, used in capital budgeting to assess the profitability of an investment.
IRR
The Internal Rate of Return is the discount rate that makes the net present value of all cash flows from a particular project equal to zero.
Mutually Exclusive
situations or events that cannot occur at the same time.
Internal Rate of Return
The Internal Rate of Return (IRR) is a metric used in capital budgeting to estimate the profitability of potential investments.
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