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1. What is the IRR for a project with a current cost of $7,000 that is expected to produce cash inflows of $1,000 at the
1. What is the IRR for a project with a current cost of $7,000 that is expected to produce cash inflows of $1,000 at the end of each of the next 10 years?
| a. | 10% |
| b. | 8% |
| c. | 7% |
| d. | 11% |
| e. | 6% |
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Analysis For Financial Management
Authors: Robert C. Higgins
10th International Edition
007108648X, 9780071086486
