The internal rate of return is defined as the: A....

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Accounting

The internal rate of return is defined as the:

A.

discount rate that causes the profitability index for a project to equal zero.

B.

rate of return a project will generate if the project in financed solely with internal funds.

C.

discount rate which equates the net present value of cash inflows to the net present value of cash outflows to zero.

D.

maximum rate of return a firm expects to earn on a project.

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