The Internal Rate of Return (IRR) Is the

Multiple Choice

The internal rate of return (IRR) is the

A) Rate of interest (%) that equates the present value of after-tax cash outflows and the present value of after-tax cash inflows for a given project.
B) Minimum acceptable rate of return for a proposed investment.
C) Risk-adjusted rate of return.
D) Required rate of return for new investment projects.
E) Weighted-average rate of return generated by internally generated funds.