McqMate
| Q. |
The Internal Rate of Return is defined as |
| A. | the discount rate which causes the payback to equal one year. |
| B. | the discount rate which causes the NPV to equal zero. |
| C. | the ROE when the NPV equals 0. |
| D. | the ROE associated with project maximization |
| Answer» B. the discount rate which causes the NPV to equal zero. | |
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