Unlike the Net Present Value Criteria, the Internal Rate of Return

question 121

Multiple Choice

Unlike the net present value criteria, the internal rate of return approach assumes an interest rateequal to

• A) the project's opportunity cost.
• B) the project's internal rate of return.
• C) the relevant cost of capital.
• D) the market's interest rate.

---

Definitions:

Miles

Miles is a unit of length, most commonly equivalent to 5,280 feet or approximately 1.609 kilometers, used primarily in the United States.

Millimeters

A metric unit of length equal to one thousandth of a meter.

Meters

A unit of length in the metric system equal to 100 centimeters, used worldwide to measure distance.

Millimeters

A unit of measurement for length that is equal to 0.001 meters.