Answered step by step
Verified Expert Solution
Question
1 Approved Answer
16.The internal rate of return for a project is: Select one: a. equal to the average net cash inflow over the life of the project
16.The internal rate of return for a project is:
Select one:
a. equal to the average net cash inflow over the life of the project divided by the initial investment
b. the minimum rate of return for a project determined by equilibrium, risk-adjusted rates in the capital markets
c. the discount rate that makes the NPV for a project equal to 0
d. the minimum rate of return for a project set by the firm's managers
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started