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1. A project is estimated to cost $524,860 and provide annual net cash flows of $115,000 for 7 years. Determine the internal rate of return
1. A project is estimated to cost $524,860 and provide annual net cash flows of $115,000 for 7 years. Determine the internal rate of return for this project, using the Present Value of an Annuity table from Exhibit 5 on page 573 of your textbook. A) 7% B) 11.8% C) 12.0% D) 12.3%
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
