Question: Multiple Select Question Select all that apply Identify the true statements about internal rate of return ( IRR ) . Multiple select question. It asks,

Multiple Select Question
Select all that apply
Identify the true statements about internal rate of return (IRR).
Multiple select question.
It asks, "Given a specific level of expenditure and specific level(s) and rate of cash inflows, what rate of return does this project yield?"
It is normally calculated as the discount rate that makes the net present value of an investment equal zero.
It is the discounted cash inflows of a project minus the sum of rates of return and discounted cash outflows.
It asks, "Given a particular level of expenditure and particular level(s) and rate of cash inflows, what is this project worth today?"

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