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    Managerial Accounting Study Set 23
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    Exam 14: Capital Budgeting Decisions
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    The Internal Rate of Return Is Computed by Finding the Discount
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The Internal Rate of Return Is Computed by Finding the Discount

Question 391

Question 391

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The internal rate of return is computed by finding the discount rate that equates the present value of a project's cash outflows with the present value of its cash inflows.

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