S The internal rate of return is defined as the: 2 rate of return a project will generate if the project is financed solely with internal funds. discount rate that equates the net cash inflows of a project to zero. maximum rate of return a firm expects to earn on a project. discount rate that causes the profitability index for a project to equal zero. discount rate which causes the net present value of a project to equal zero. < Previous W 3 E C $ R F LL % 5 T G 6 MacBook P Y H & 7