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34) Acme Inc. is considering a five-year investment that costs $300,000. The investment will produce cash flows of $60,000 each year for the first two

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34) Acme Inc. is considering a five-year investment that costs $300,000. The investment will produce cash flows of $60,000 each year for the first two years (t 1 and t-2), S115,000 a year for each of the remaining three years (t e cor investment? A. 17.33% B. 12.82% C. 18.25% D. 14.51% E. 11.00%

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