Examlex
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Investment
The action or process of investing money for profit or material result.
Internal Rate of Return
The discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero, used in capital budgeting.
Independent Projects
Projects in a company that can be selected or rejected independently of one another, without affecting the profitability or potential of other projects.
Conventional Cash Flows
A series of net income figures expected to be generated by an investment, starting with a negative cash flow at the beginning (investment outlay), followed by a series of positive cash flows.
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