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Which of the following statements about the Internal Rate of Return is true? IRR is...

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Finance

Which of the following statements about the Internal Rate of Return is true?
IRR is the rate that sets the Present Value of all cash flows from the investment equal to zero.
IRR is the rate that sets the Present Value of all cash flows from the investment equal to the price.
IRR is the rate that sets the Future Value of all cash flows from the investment equal to the price.
IRR is the rate that sets the Present Value of all cash flows from the investment equal to one.
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