Wednesday, August 6, 2008

Lecture Notes uploaded...

Dear students of FIN254 (Sections 10 & 11):

Chapter 11 Lecture Notes have been uploaded to the resouce drive.

Thanks.

1 comment:

Anonymous said...

While I was evaluating two mutually exclusive projects using IRR, i found two discount rates. One of them was negative and it still brought positive NPV. How can you explain that? Is it totally absurd? Because in this case we are having cash surplus while there is negative return.