Question
16. The IRR (Internal Rate of Return) is best described as a. Management's required rate of return on capital investment projects b. The industry average
16. The IRR (Internal Rate of Return) is best described as a. Management's required rate of return on capital investment projects b. The industry average rate of return on capital investment projects c. The rate of return that causes a project's NPV to equal zero d. The discount rate that causes a project's NPV to equal management's budgeted amount
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Focus On Personal Finance An Active Approach To Help You Develop Successful Financial Skills
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0078034787, 978-0078034787
