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20. Suppose that a project costs $100 and has cash flows of $14 at the end of each of the next four years and a
20. Suppose that a project costs $100 and has cash flows of $14 at the end of each of the next four years and a cash flow of $116 at the end of five years. The project's Internal Rate of Return (IRR) is: A) Greater than 14% B) Less than 14% C) Exactly 14% D) Unknown without cost of capital E) None of the above
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