In Excel, You Find the IRR Using the Net Present

question 102

True/False

In Excel, you find the IRR using the net present value function with a discount rate of zero.

---

Definitions:

New Securities

Financial instruments that have been newly issued to investors, usually referring to stocks or bonds that have just been offered to the public or private investors.

Electronic Trading Systems

Platforms that facilitate the trading of financial securities, commodities, and other assets using electronic networks and computers.

High-frequency Traders

Investors who use powerful computers to execute large numbers of trades at very fast speeds, often attempting to exploit small price differences.

Market Liquidity

The extent to which a market allows assets to be bought and sold quickly without causing a significant change in their price.