10 Which one of the following is an acceptable definition of the internal rate of return? (a)...
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10 Which one of the following is an acceptable definition of the internal rate of return?
(a) The annualised profits as a percentage of the amount invested
(d) The discounted cash flows as a percentage of the amount invested
(c) The time it takes to repay the initial investment
(d) The discount rate that results in a zero net present value for a project
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Related Book For
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani
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