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9. A project that provides annual cash flows of $12,600 for 12 years costs $65,000 today. At what rate would you be indifferent between accepting

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9. A project that provides annual cash flows of $12,600 for 12 years costs $65,000 today. At what rate would you be indifferent between accepting the project and rejecting it (hint: IRR)? A. 15.28 percent B. 15.40 percent C. 15.51 percent D. 16.18 percent E. 16.74 percent

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