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The internal rate of return is that discount rate at which answer A. the future worth of present cash flows is exactly equal to the
The internal rate of return is that discount rate at which
answer
A. | the future worth of present cash flows is exactly equal to the initial cash investment. | |
B. | the present value of future cash flows is larger than the initial cash investment. | |
C. | the future worth of cash flows is larger than the initial cash investment. | |
D. | the net present value of future cash flows is exactly equal to zero. |
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