Define the term internal rate of return or IRR. Describe how you would calculate the IRR for

Question:

Define the term or IRR. Describe how you would calculate the IRR for a project proposal.

Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...