Multiple Choice
Conceptually, what is the internal rate of return?
A) Number of years required for a project to return the cash invested in it
B) Discount rate that equates the present value of cash inflows to present value of cash outflows
C) Interest rate a company can generate on its corporate bonds and preferred stock
D) Average annual net income divided by initial investment in a project
Correct Answer:
Verified
Correct Answer:
Verified
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