The Quickest Way to Calculate the Internal Rate of Return

question 72

Multiple Choice

The quickest way to calculate the internal rate of return (IRR) of a project is by

• A)trial and error method.
• B)using the graphical method.
• C)using a financial calculator.
• D)doubling the opportunity cost of capital.

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Definitions:

Precipitation

Any form of water, liquid or solid, that falls from the atmosphere and reaches the ground, including rain, snow, sleet, and hail.

Malaria

A life-threatening disease transmitted through the bite of an infected Anopheles mosquito, characterized by fever, chills, and flu-like illness.

Nonrandom

Describes a process or selection method that is not determined by chance but possibly by human choice, algorithm, or natural law.

Simple Random Variable

A variable that assigns a numerical value to each possible outcome of a random phenomenon in a simple and straightforward manner.