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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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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