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Question(s) / Instruction(s):

A capital budgeting model that accounts for an assumed rate of return on interim-period cash inflows from an investment is the:

a)      Internal rate of return (IRR) model.

b)      Present-value payback period model.

c)       Net present value (NPV) model.

d)      Accounting rate of return (ARR) model.

e)      Modified internal rate of return (MIRR) model.

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