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Which of the following is a true statement regarding the internal rate of return in...

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Accounting

Which of the following is a true statement regarding the internal rate of return in capital budgeting?

  • it provides the same basic information as the net present value method.

  • it calculates the net present value of future cash flows.

  • it calculates the proposal's rate of return.

  • it doesn't consider the time value of money.

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