Question: 7. Which answer best describes the difference between NPV and IRR? a. IRR is the interest rate that results in an NPV equal to zero
7. Which answer best describes the difference between NPV and IRR? a. IRR is the interest rate that results in an NPV equal to zero b. IRR is the difference between the present value of the cash & initial investment c. NPV is the difference between the present value of the cash & the IRR rate d. Answers a and b e. Answers a and c
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