Examlex
A proposal must provide details about how it will be implemented and explain costs.
Internal Rate
The discount rate at which the net present value of all cash flows from a particular project or investment equals zero, used in evaluating the profitability of investments.
Accept
To agree to take or receive something offered.
Profitability Index
A financial tool used to evaluate the desirability of an investment, calculated by dividing the present value of future cash flows by the initial investment.
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