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    Cornerstones of Cost Management Study Set 3
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    Exam 19: Capital Investment
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    The Internal Rate of Return (IRR) Is the Interest Rate
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The Internal Rate of Return (IRR) Is the Interest Rate

Question 76

Question 76

True/False

The internal rate of return (IRR) is the interest rate that sets the present value of cash inflows of a project equal to the present value of a project's cost.

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