PPT Slide

© 1998 The Dryden Press

NPV ($)

Discount Rate (%)

IRRL = 18.1%

IRRS = 23.6%

Crossover

Point = 8.7%

k

0

5

10

15

20

NPVL

50

33

19

7

(4)

NPVS

40

29

20

12

5

S

L

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