Feb 2, 2015
6:13:42am
6:13:42am
This guy explains it quite well so you can argue with him now.
http://naiyerjawaid.com/project-irr-and-equity-irr-a-curious-connection/
There is no equity at the beginning of the project because nothing is paid. I understand the problem people have with it because I struggled with it and hated the idea that a return could be achieved without any capital expenditure, but I'm not going to argue with it. It is what it is.
There is no equity at the beginning of the project because nothing is paid. I understand the problem people have with it because I struggled with it and hated the idea that a return could be achieved without any capital expenditure, but I'm not going to argue with it. It is what it is.
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