Question: (3 points) The IRR is defined as: Select one: a. the discount rate that makes a project's NPV equal to zero. b. the difference between

 (3 points) The IRR is defined as: Select one: a. the

(3 points) The IRR is defined as: Select one: a. the discount rate that makes a project's NPV equal to zero. b. the difference between the cost of capital and the present value of the cash flows c. the discount rate used in the NPV method O d. the discount rate used in the discounted payback period method

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