The internal rate of return is ______. Multiple choice question. the rate of return of an investment project over its useful life a discount rate of zero a project's minimum required rate of return the appropriate salvage value of purchased equipment

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The internal rate of return is :

  • the rate of return of an investment project over its useful life

The internal rate of return is defined as the net present value of an investment project is zero.

In other words, it is the return rate of any project over its useful life.

A mechanism or method to determine the rate of return of an investment.

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