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    Intermediate Financial Management Study Set 2
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    Exam 12: Capital Budgeting: Decision Criteria
  5. Question
    The Internal Rate of Return Is That Discount Rate Which
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The Internal Rate of Return Is That Discount Rate Which

Question 66

Question 66

True/False

The internal rate of return is that discount rate which equates the present value of the cash outflows (or costs) with the present value of the cash inflows.

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