Many people claim that the IRR rule assumes that cash flows are reinvested at the opportunity cost of capita
<br/> -Many people claim that the IRR rule assumes that cash flows
are reinvested at the opportunity cost of capital. Is this true?
-Explain the concept of alpha and why it makes sense to evaluate fund managers based on alpha.
. Is this true?
-Explain the concept of alpha and why it makes sense to evaluate fund managers based on alpha.
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