mitres_1_001_f23_chp.jpg
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mitres_1_001_f23_chp.jpg
Alt text:
A flowchart with an oval at the center and text around the oval.
Caption:
Overview of the private sector’s view of a successful project. The decision to proceed will depend upon having a positive net present value (NPV) or an internal rate of return (IRR) that exceeds the company’s hurdle rate for new investment. (Image courtesy of Carl D. Martland.)
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Fall
2023
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