2. True or False. The internal rate of return (IRR) is defined
as the discount rate, which causes the net present value of a
project to equal zero.
A. True
B. False
7. An investment project has annual cash inflows of $2800,
$3700, $5100, and $4300, and a discount rate of 14 %. What is the
discounted payback period for these cash flows if the initial cost
is $5,200?
A. 0.96 years
B. 1.96 years
C. 2.56 years
D. 2.96...