Which of the Following Statements Is True About Internal Rate

Multiple Choice

Which of the following statements is true about internal rate of return?

A) It is the difference between the present value of a cash outflow and the depreciation associated with an asset.
B) It is the minimal acceptable interest rate on an investment.
C) It is the difference between the present value of the cash inflows and outflows associated with a project.
D) It is the interest rate that sets a project's net present value at zero.