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Investing is the process of buying assets such as securities, real estate and other items of value that will hopefully increase in value over time, providing a return in the form of income payments or capital gains.
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Relevancy of IRR versus CAGR as a Decision Making Tool
Why is IRR an important metric for comparing investments if CAGR can be determined?
I understand CAGR to mean the constant rate of compounded growth over a given number of years. That is, the slope o …