The internal rate of return is:
A. the interest rate at which the net present value of the investment equals the cost of the investment.
B. the interest rate at which the net present value of the investment exceeds the company’s desired rate of return.
C. equal to the accounting rate of return.
D. none of the above
A
Business
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What will be an ideal response?
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Indicate whether the statement is true or false.
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