What term refers to the interest rate that sets the present value of a project's cash inflows equal to the present value of the project's cost?

Question

Quizplus · Accepted Answer

The internal rate of return (IRR) is the interest rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero. This means it sets the present value of the project's cash inflows equal to the present value of the project's costs.

What Term Refers to the Interest Rate That Sets the Present