Question: 7. Which rate-based decision statistic measures the excess return - the amount above and beyond the cost of capital for a project, rather than

7. Which rate-based decision statistic measures the excess return - the amount above and beyond the cost of capital for a project, rather than the gross return? A. Internal Rate of Return, IRR B. Modified Internal Rate of Return, MIRR C. Profitability Index, PI D. Net Present Value, NPV

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