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A project's IRR is the discount rate that forces the PV of its inflows to...

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A project's IRR is the discount rate that forces the PV of its inflows to equal its cost. This is equivalent to forcing the NPV to equal zero. The IRR is an estimate of the project's rate of return, and its is comparable to yield to maturity (YTM) of a bond. Select one: O a. True Ob. False

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