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    Comparing Investments Using Internal Rate
    Of Return And Net Present Value     		   
    		Investment 1 Investment 2
    Life in years
    Initial investment outlay
    Annual net after-tax cash flows
    IRR
    PV
    NPV
    		Assumptions
    Rate
     
    Example from "Cost Accounting", page 724
    by Charles T. Horngren and George Foster
    Prentice-Hall 1991
       
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