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1- The internal rate of return is: A. the interest rate at which the net present value of the investment equals the cost of the
1- The internal rate of return is:
A. the interest rate at which the net present value of the investment equals the cost of the investment.
B. none of the answers listed.
C. the interest rate at which the net present value of the investment exceeds the companys desired rate of return.
D. equal to the accounting rate of return.
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