Which one of the following is the estimated rate (i.e. ,percentage) that makes the discounted present value of future cash flows equal to the initial investment?
A) Weighted-average cost of capital (WACC) .
B) Modified internal rate of return (MIRR) .
C) Book (accounting) rate of return.
D) Internal rate of return (IRR) .
E) Accounting rate of return (ARR) ,after tax.
Correct Answer:
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