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