The internal rate of return is the:
A) discount rate that causes a project's aftertax income to equal zero.
B) discount rate that results in a zero net present value for the project.
C) discount rate that results in a net present value equal to the project's initial cost.
D) rate of return required by the project's investors.
E) project's current market rate of return.
Correct Answer:
Verified
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A)assets.
B)future
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