Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The internal rate of return is that discount rate at which 1. the future worth of present cash flow is exactly equal to the initial

image text in transcribed
The internal rate of return is that discount rate at which 1. the future worth of present cash flow is exactly equal to the initial cash investment. O 2. the future worth of cash flow is larger than the initial cash investment O 3. the present value of future cash flows is larger than the initial cash investment. 4. the present value of future cash flow is exactly equal to the initial cash investment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Key Financial Market Concepts

Authors: Bob Steiner

2nd Edition

0273750127, 978-0273750123

More Books

Students also viewed these Finance questions

Question

2. Show the trainees how to do it without saying anything.

Answered: 1 week ago