_____________ is the percentage discount rate used in capital investment appraisals which brings the…
The Internal Rate of Return (IRR) is the percentage discount rate that equates the present value of a project's expected future cash inflows with the present value of its…
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_____________ is the percentage discount rate used in capital investment appraisals which brings the cost of a project and its future cash inflows into equality.
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Correct answer B
The Internal Rate of Return (IRR) is the percentage discount rate that equates the present value of a project's expected future cash inflows with the present value of its cash outflows (initial investment cost), thereby making the Net Present Value (NPV) equal to zero.
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UGC NET Commerce