The internal rate of return (IRR)calculates the discount rate at which the net present value (NPV)of the project is zero

Name: The internal rate of return (IRR)calculates the discount rate at which the net present value (NPV)of the project is zero
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This is the definition of IRR. It indicates the rate at which the investment will generate a return of zero, which means that the project will neither make nor lose money.

The Internal Rate of Return (IRR)calculates the Discount Rate at Which