The Internal Rate of Return Takes into Account the Purchase

question 41

True/False

The internal rate of return takes into account the purchase price, the selling price and the timing of any income received from the investment.

---

Definitions:

Exchange Rate

The value of one currency for the purpose of conversion to another, determining how much one currency is worth in terms of the other.

¥134.68

This represents an amount in Japanese yen, a currency used in Japan.

10% More

Indicates an increase or addition of ten percent to a given number or value.

7% Less

A reduction by seven percent from a previous amount or value.