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Conceptually, what is the internal rate of return? Number of years required for a project to return the cash invested in it Discount rate that

Conceptually, what is the internal rate of return?

Number of years required for a project to return the cash invested in it

Discount rate that equates the present value of cash inflows to present value of cash outflows

Interest rate a company can generate on its corporate bonds and preferred stock

Average annual net income divided by initial investment in a project

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