For investment projects, the internal rate of return ( IRR ) : For investment projects, the internal
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Question:
For investment projects, the internal rate of return IRR:
For investment projects, the internal rate of return IRR:
Rule indicates acceptance of an investment when the IRR is less than the discount rate.
Is used primarily to rank projects of varying sizes.
Is the rate that causes the net present value of a project to equal the project's initial cost.
Is the rate generated solely by the cash flows of the investment
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