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


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