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What does the IRR signify in the context of capital budgeting? The rate at which the total present value of a project's inflows matches its

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What does the IRR signify in the context of capital budgeting? The rate at which the total present value of a project's inflows matches its outflows. (B) The discount rate where the difference between the present value of cash outflows and inflows is the greatest. (C) The rate at which a project's NPV is maximized. (D) The rate at which a project's NPV becomes negative

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