Internal Rate of Return: I

question 17

Multiple Choice

Internal rate of return: I.handles the the positive and negative cash flows throughout the life span of a project effectively.
II) requires the use of a discount rate.
III) does not require the use of a discount rate.

• A)(I) correct only.
• B)(II) correct only.
• C)(III) correct only.
• D)(I) and (II) correct only.
• E)(I) and (III) correct only.

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Definitions:

Ultra Vires

Actions or activities conducted by a corporation or its officers that lie beyond the powers granted by its charter or the laws.

Ultra Vires Contract

A contract that exceeds the powers granted to a corporation by its charter or bylaws.

Fourteenth Amendment

An amendment to the US Constitution that grants citizenship and equal civil and legal rights to all persons, including previously enslaved individuals.

Equal Protection Clause

A provision in the Fourteenth Amendment of the U.S. Constitution requiring states to treat all individuals within its jurisdiction equally under the law.