find the present value( of price) of the bond of rs.100 (par value) giving interest income 5% per annum for 10 years redeemed at rs.125 at discount rate 10% p.a.
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The internal rate of return (IRR) is frequently used by companies to analyze profit centers and decide between capital projects. But this budgeting metric can also help you evaluate certain financial events in your own life, like mortgages and investments.
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