MCQOPTIONS
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| 1. |
The internal rate of return? [SSC LDC 2014] |
| A. | Must be less than the interest rate if the firm is to invest |
| B. | Makes the present value of profits equal to the present value of costs |
| C. | Falls as the annual yield of an investment rises |
| D. | Is equal to the market interest rate for all the firm?s investment |
| Answer» B. Makes the present value of profits equal to the present value of costs | |