The Internal Rate of Return is:
A. The Discount Rate which produces the highest NPV
B. The Discount Rate which produces the lowest NPV
C. The Discount Rate which matches the normal bank interest rate
D. The Discount Rate which produces a zero NPV
Answer:D
The Internal Rate of Return is:
A. The Discount Rate which produces the highest NPV
 B. The Discount Rate which produces the lowest NPV
 C. The Discount Rate which matches the normal bank interest rate
 D. The Discount Rate which produces a zero NPV
