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Part 1: The basics of a deal · Lesson 3

What "48% IRR" means

Goal: Read a return number without getting fooled.

Sources

• Internal Rate of Return (IRR): Formula and Examples (Investopedia)
  https://www.investopedia.com/terms/i/irr.asp
• Internal Rate of Return (IRR) (Corporate Finance Institute)
  https://corporatefinanceinstitute.com/resources/valuation/internal-rate-return-irr/

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