Examlex
As a result of the Scopes trial of 1925,
Present Value
The current worth of a future sum of money or cash flows, given a specified rate of return.
Internal Rate Of Return
The percentage rate that equalizes the net present value of a project's cash flows to zero.
Mutually Exclusive Projects
Investment projects where the acceptance of one negates the possibility of accepting another.
Internal Rate Of Return
A measure employed in evaluating financial returns to gauge the potential profitability of investments.
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