The IRR Is Equal to the Required Rate of Return

question 231

True/False

The IRR is equal to the required rate of return in a financial break-even calculation.

---

Definitions:

Main Memory

The principal storage in a computer in which data and programs are temporarily stored for quick access by the processor.

Secondary Storage

A non-volatile storage medium used for keeping data permanently, as opposed to the volatile primary storage or main memory.

Input Device

A hardware component used to enter data or instructions into a computer system.

Compiler

A software tool that translates code written in a high-level programming language into a lower-level language or machine code that can be executed by a computer.