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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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