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Which one of the following defines the internal rate of return for a project? 1

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Which one of the following defines the internal rate of return for a project?

1.Discount rate that creates a zero cash flow from assets t

2.Discount rate that results in a zero net present value for the project

3. Discount rate that results in a net present value equal to the project's initial cost

4.Rate of return required by

5.the project's investors The project's current market rate of return