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    Question

    Internal rate of return (IRR) is that rate at which Net

    Present value is
    A Positive Correct Answer Incorrect Answer
    B Negative Correct Answer Incorrect Answer
    C Zero Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    The Internal Rate of Return (IRR) is the discount rate at which the Net Present Value (NPV) of an investment project becomes zero.

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