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Which rate-based decision statistic measures the excess returnthe amount above and beyond the cost of capital for a project, rather than the gross return? A.Internal
Which rate-based decision statistic measures the excess returnthe amount above and beyond the cost of capital for a project, rather than the gross return?
A.Internal Rate of Return, IRR
B.Modified Internal Rate of Return, MIRR
C.Profitability Index, PI
D.Net Present Value, NPV
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