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Question 2 1 pts The internal rate of return may be defined as Jh The discount rate that makes the project NPV equal to zero.

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Question 2 1 pts The internal rate of return may be defined as Jh The discount rate that makes the project NPV equal to zero. The discount rate that makes the PV of the expected cash flows equal to the initial outlay. the market rate of interest less the risk free rate. a&b are both correct. a&care both correct Question 3 1 pts For independent projects, the NPV method and the IRR method will always lead to the same accept/reject decisions. True False

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