Which rate-based decision statistic measures the excess return (the 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

Question

Quizplus · Accepted Answer

The Answer of Which rate-based decision statistic measures the excess return (the 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

Which Rate-Based Decision Statistic Measures the Excess Return (The Amount