You are engaged in a discussion with a colleague about a project they recently ran...
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Accounting
You are engaged in a discussion with a colleague about a project they recently ran the NPV numbers on. They calculated IRR with the help of Goal Seek. They found that IRR was 16.1%. They are a little perplexed because the NPV at IRR is $0. They say: I think this means that if we discount the cash flows at 16.1%, the company makes 0 profit from this investment. How would you respond
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