Required return vs discount rate

why not required return?

To determine the present value of an investment based on a future estimate of the investment’s value, an analyst should use the:

A) required return. B) discount rate. C) internal rate of return.

Your answer: A was incorrect. The correct answer was B) discount rate.

The discount rate is the rate used to find the present value of an investment.

What matters to you is the required rate, but since the required rate is different for different individuals, you use the discount rate which is a more general rate, like the risk-free rate. That’s how I see it.