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WACC (Weighted Average Cost of Capital) and hurdle rate are both crucial in investment evaluation. Hurdle rate, the minimum return rate investors expect, is often used as a benchmark. IRR (Internal Rate of Return) is the discount rate that makes the net present value of an investment zero. It helps assess a project's profitability. In real estate, an IRR hurdle refers to the minimum acceptable IRR for an investment. Understanding these concepts aids in making informed investment decisions.

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