Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The internal rate of return is the discount rate at which the net present value of an investment project is zero. the ratio of the

image text in transcribed
The internal rate of return is the discount rate at which the net present value of an investment project is zero. the ratio of the net present value of a project's cash flows to the investment required. the difference between the present value of an investment's project's cash inflows and the present value of its cash outflows. the average rate of return a company must pay to its long term creditors and shareholders for the use of their funds

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

Accounting Essentials For Hospitality Managers

Authors: Chris Guilding, Kate Mingjie Ji

4th Edition

1032024321, 9781032024325

More Books

Students also viewed these Accounting questions