Which of the following statements about IRR is false?
A) The IRR is the discount rate that makes the NPV greater than zero.
B) The IRR is a discounted cash flow method.
C) The IRR is an expected rate of return.
D) None of the above

Question

Quizplus · Accepted Answer

The IRR (Internal Rate of Return) is the discount rate that makes the NPV (Net Present Value) equal to zero, not greater than zero.

Which of the Following Statements About IRR Is False