A capital budgeting technique that can be computed by solving for the discount rate that equates the present value of a project's inflows to the present value of its outflows is called internal rate of return.

Name: A capital budgeting technique that can be computed by solving for the discount rate that equates the present value of a project's inflows to the present value of its outflows is called internal rate of return.
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This is a correct definition of internal rate of return.

A Capital Budgeting Technique That Can Be Computed by Solving