Fill in the blank with the appropriate terms:

The IRR is that rate of return (or discount rate) which equals the (A)_____ of the future (B)_________ for an investment with its (C)_______. The IRR is the rat eof return which equales the NPV of an investment to (D)_______. An investment is (E) ________ if the IRR exceeds the rate of return that could be earned in the financial markets on investment of equal riskl an investment project is (F)_________ if the IRR is less than the relevant rate of return in the financial markets.

A (G)________ is the impact that a given capital budgeting project might have on cash flows in another areaof the firm. These changes in cash flos (H) (are/are not) incrementalcash flows for the project under construction.