MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Return rate for a series of future cash flows that will result in a net present value of zero
A)PPMT function
B)rate of return
C)IPMT function
D)IRR
E)PV function
F)RATE function
G)PMT function
H)XIRR function
I)FV function
J)NPER function

Question

Quizplus · Accepted Answer

IRR (Internal Rate of Return) is the return rate that makes the net present value of all cash flows in a series equal to zero.

MATCHING Identify the Letter of the Choice That Best Matches the the Phrase