For a given investment project, the interest rate at which the present value of the cash inflows

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For a given investment project, the interest rate at which the present value of the cash inflows equals the present value of the cash outflows is called the

a. hurdle rate.

b. payback rate.

c. internal rate of return.

d. cost of capital.

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Managerial Accounting For Undergraduates

ISBN: 9780357499948

2nd Edition

Authors: James Wallace, Scott Hobson, Theodore Christensen

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