11 September 2009
IRR itself is the rate u r looking for isnt it? So what is the hint u want? if IRR is lower than normal interest rate on SB/FD A/c its better to salt yr money in banks.
11 September 2009
agreed with expert. How the rate of IRR can be given in question? It has to be arrived at by solving the answer? IRR is to be calculated .
CAclubindia
