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The internal rate of return (IRR) is: O the discount rate that sets the FV of future CFs equal to the initial cash outlay. the
The internal rate of return (IRR) is: O the discount rate that sets the FV of future CFs equal to the initial cash outlay. the opportunity cost of the capital invested in the project. O the economic rate of return of a given project. O the discount rate that makes the NPV greater than zero for a given set of cash flows
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