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Question 19. Which of the following is true about the Internal Rate of Return (IRR)? * IRR is the discount rate that makes the Net

Question 19. Which of the following is true about the Internal Rate of Return (IRR)? *

IRR is the discount rate that makes the Net Present Value (NPV) of a project 0

IRR is the discount rate that makes the Net Present Value (NPV) of a project positive

IRR is the discount rate that makes the Net Present Value (NPV) of a project negative

IRR is the minimum rate of return required by the investors from a project

None of the above.

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