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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Related Book For
Managerial Accounting For Undergraduates
ISBN: 9780357499948
2nd Edition
Authors: James Wallace, Scott Hobson, Theodore Christensen
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