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Many people claim that the IRR rule assumes that cash flows are reinvested at the opportunity cost of capita

/in /by

<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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