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13. You require a 14 percent rate of return from an investment. The investment costs $58,000 and will produce cash inflows of $27,000 for 3
13. You require a 14 percent rate of return from an investment. The investment costs $58,000 and will produce cash inflows of $27,000 for 3 years. Should you accept this project based on its internal rate of return? Why or why not? A. Yes, because the IRR is 14.04 percent B. Yes, because the IRR is 14.65 percent C. Yes, because the IRR is 18.76 percent D. No: because the IRR is 18.76 percent E. Yes, because the IRR is 18.76 posrcent
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