Define internal rate of return.
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The internal rate of return is a measure of an investment’s rate of return. The term internal indicates the fact that the internal rate excludes external factors, such as inflation, the cost of capital and various financial risks.
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The internal rate of return is a measure of an investment’s rate of return. The term internal indicates the fact that the internal rate excludes external factors, such as inflation, the cost of capital and various financial risks.
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