Examlex
Nozick is doubtful about . . .
Internal Rate of Return
The discount rate at which the net present value of all cash flows (both positive and negative) from a project or investment equals zero.
Rate of Return
A measure of the profitability and efficiency of an investment, expressed as a percentage of the original investment.
Initial Investment
The funds allocated to start a business or a project, representing the beginning financial input.
Net Present Value
The calculation of the present value of the sum of the present values of all cash inflows and outflows expected from an investment, using a specific discount rate to value future cash flows.
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