The internal rate of return:

A)Does not require a predetermined discount rate

B) Is often used to rank investment proposals

C)May be compared to the cost of capital in project evaluation

D)All of the above .

A projects ________________ is computed as the present value of project related cash inflows and outflows.

a) Accounting rate of return

b)Internal rate of return

C)Net present value

D)Present value index .

Question 60

Which of the following is needed to compute a project's net present value?

		a) A computer
		b)Accounting rate of return
		c)Discount rate
		d) Internal rate of return