How is the IRR on a project related to the YTM on a bond? (3) What is the logic behind the IRR method? According to IRR, which franchises should be accepted if they are independent? Mutually exclusive? (4) Would the franchises' IRR change if the cost of capital changed?
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How is the IRR on a project related to the YTM on a bond? (3) What is the logic behind the IRR metho...
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