The Difference Between the Present Value of Future After-Tax Cash

question 139

Multiple Choice

The difference between the present value of future after-tax cash inflows and the present value of future cash outflows of an investment project is the:

• A) Internal rate of return (IRR) of the project.
• B) Modified internal rate of return (MIRR) on the project.
• C) Book (accounting) rate of return for the project.
• D) Net present value (NPV) of the project.
• E) Modified internal rate of return (MIRR) of the project.

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Definitions:

Clinical Study

A research investigation conducted with human participants to evaluate the efficacy and safety of medical, surgical, or behavioral interventions.

Replicability

The scientific requirement that other researchers be able to use the same procedures as an initial investigator did and obtain the same results.

Experimentation

The process of conducting tests or trials in a controlled environment to discover, prove, or examine the validity of hypotheses or the effect of variables.

Procedure

A series of actions or steps taken to achieve a specific purpose.