The Internal Rate of Return May Be Defined As

question 49

Multiple Choice

The internal rate of return may be defined as:

• A) the discount rate that makes the NPV equal to zero.
• B) the difference between the market rate of interest and the NPV.
• C) the market rate of interest less the risk-free rate.
• D) the project acceptance rate set by management.
• E) None of these.

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Definitions:

Universal Moral Rules

Fundamental ethical principles that are widely accepted and applied across different cultures and societies.

Categorical Imperative

A central concept in the moral philosophy of Immanuel Kant that dictates an action is morally right if it can be universally applied.

Lies

False statements made with the deliberate intention to deceive; an intentional untruth.

Prima Facie Duty

An obligation that appears to be binding upon first view, but may be overridden by stronger moral considerations.