A value of of possible discount rate which nullifies the project's NPV :
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\mbox{NPV} = \sum_{i=0}^n \frac{R_i}{(1+\mbox{IRR})^i} = 0 |
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The usual practise is to give preferences to the investment projects Investment Projects with higher IRR and make a direct comparison of IRR against the Weighted Average Cost of Capital (WACC).
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Economics / Investment / Financial Investment / Cash DiscountFinancial Investment Project
[ Weighted Average Cost of Capital (WACC) ] [ Cash Discount ] [ Net Present Value (NPV) ]