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    Foundations of Finance
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    Exam 10: Capital-Budgeting Techniques and Practice
  5. Question
    The Internal Rate of Return Is the Discount Rate That
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The Internal Rate of Return Is the Discount Rate That

Question 26

Question 26

True/False

The internal rate of return is the discount rate that equates the present value of the project's free cash flows with the project's initial cash outlay.

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