Which of the Following Statements Is False

Which of the following statements is false?

A) The internal rate of return is the discount rate that results in a zero net present value for the project.
B) The internal rate of return represents the rate of interest that results from the recovery of the investment outlay,plus a return on the investment project during its life.
C) The internal rate of return represents the rate of interest that recovers the initial investment outlay.
D) The internal rate of return is the discount rate that results in a zero net present value for the project.It also represents the rate of interest that results from the recovery of the investment outlay,plus a return on the investment project during its life.