Which of the following statements are true for Internal Rate of Return (IRR)?
(A) In computation of internal rate of return, the time value of money is accounted.
(B) IRR is known as marginal efficiency of capital.
(C) IRR is the discount rate at which the present values of net cash flows are just equal to zero.
(D) IRR is also defined as the ratio of net present values of the cash flows to the initial capital expenditure.
Choose the correct answer from the options given below: