Question：
The minimum rate of return an investor must receive in order to accept an investment is best described as the:
A. internal rate of return.
B. required rate of return.
C. expected return.
Answer = B
The required rate of return is the minimum rate of return an investor must receive in order to accept an investment.
CFA Level I
"The Time Value of Money," Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, and David E. Runkle
Section 2
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权威名师倾情打造，助力通过金融第一考 |
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权威名师倾情打造，助力通过金融第一考 |
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双语教学，助力提升金融专业英语水平 |
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