Rate-based decision statistic measures the excess return

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Reference no: EM13726248

Which rate-based decision statistic measures the excess return–the amount above and beyond the cost of capital for a project, rather than the gross return?

A. Internal Rate of Return, IRR

B. Modified Internal Rate of Return, MIRR

C. Profitability Index, PI

D. Net Present Value, NPV

Reference no: EM13726248

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