Examlex
Assuming that each of the following bit patterns originally had even parity,which one contains an error?
IRR
An investment's IRR represents the discount rate that makes the sum of all future cash flows (positive and negative) from the investment equal to zero, effectively measuring its annual growth rate.
NPV
Net Present Value; the difference between the present value of cash inflows and the present value of cash outflows over a period of time.
Payback
The length of time it takes for an investment to generate an amount of money equal to the cost of the investment, used as a basic measure of the investment's risk.
Discounted Payback
The period of time it takes for an investment’s cash flows, discounted at a particular rate, to cover its initial cost.
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