The minimum return that must be earned on a project in order to leave the firm’s value unchanged is
A. the internal rate of return.
B. the interest rate.
C. the discount rate.
D. the compound rate.
Answer:C
The minimum return that must be earned on a project in order to leave the firm’s value unchanged is
A. the internal rate of return. B. the interest rate. C. the discount rate. D. the compound rate.