Which of the following is NOT a method to evaluate capital budgeting proposals:

Group of answer choices

Net Present Value (NPV)

Revenue Enhanced Accounting Returns (REAR)

Internal Rate of Return (IRR)

Payback

2.

In January 2002 you bought 10,000 shares of a stock at $2 per share. In January 2006 you sold the 10,000 shares at $3 a share.

What is the internal rate of return?

Group of answer choices

Not enough information to answer the question

12.37%

10.67%

11.44%