Forex Trading

Note that in an exam situation a candidate could choose any discount rate to start with. In choosing the second discount rate, though, remember what was said above  about trying to gain one positive and one negative NPV. The IRR can be defined as the discount rate which, when applied to the cash flows of […]

Most IRR analyses will be done in conjunction with a view of a company’s weighted average cost of capital (WACC) and NPV calculations. Using the present value formula helps you determine how much cash you must earmark for an annuity to reach your goal of how much money you’ll receive in retirement. McGillivray points out […]