Question: * Your answer is incorrect. The internal rate of return (IRR) is: the opportunity cost of the capital invested in the project. the discount rate

* Your answer is incorrect. The internal rate of return (IRR) is: the opportunity cost of the capital invested in the project. the discount rate that sets the FV of future CFs equal to the initial cash outlay. the economic rate of return of a given project. the discount rate that makes the NPV greater than zero for a given set of cash flows
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