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25-05-2021
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A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $379,650 and is expected to generate cash inflows of $150,000 each year for three years. The approximate internal rate of return on this project is

Respuesta :

27-05-2021

Answer:

9%

Explanation:

- $379,650 CF 0

$150,000 CF 1

$150,000 CF 1

$150,000 CF 1

The approximate internal rate of return on this project is 9%

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