Examlex
The textbook concludes that ________.
Bond's Yield
The return an investor realizes on a bond, calculated as the interest or dividends received divided by the price of the bond.
Cost of Capital
The rate of return a company must earn on its investments to maintain its market value and satisfy its shareholders and creditors.
NPV
Net Present Value - a calculation used to assess the profitability of a project or investment by summing the present values of all cash flows associated with it.
IRR
Internal rate of return. A capital budgeting technique that rates projects according to their expected return on invested funds. The higher the return the better.
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