The IRR of a project is the discount rate that ________. a. Makes the NPV equal to

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The IRR of a project is the discount rate that ________.

a. Makes the NPV equal to zero

b. Equates the present value of the cash inflows to the future value of the cash outflows

c. Makes the NPV positive

d. Equates the present value of cash outflows to the future value of the cash inflows

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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