Question
2. An investment cost $12,000 with expected cash flows of $4,000 for 7 years. The required return is 15.23%. The IRR is ___ for the
2. An investment cost $12,000 with expected cash flows of $4,000 for 7 years. The required return is 15.23%. The IRR is ___ for the project, thus we should ____ the project.
A. 14%, accept
B. 27.12%, accept
C. 27.12%, reject
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Finance And Control For Construction
Authors: Chris March
1st Edition
0415371155, 978-0415371155
