Asked by
Jacquelynn Walker
on Oct 10, 2024
Verified
(Ignore income taxes in this problem.) The following data pertain to an investment project: 
The internal rate of return is closest to:
A) 12%
B) 14%
C) 10%
D) 8%
Internal Rate of Return
The discount rate at which the net present value of all the cash flows from an investment or project equals zero, used as a gauge for its profitability.
- Understand the concept and calculation of the Internal Rate of Return (IRR) and how it is used to evaluate investment opportunities.
Verified Answer
MK
Learning Objectives
- Understand the concept and calculation of the Internal Rate of Return (IRR) and how it is used to evaluate investment opportunities.