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A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $369526 and is expected to
A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $369526 and is expected to generate cash inflows of $146000 each year for three years. The approximate internal rate of return on this project is the IRR on this project cannot be approximated. 9%. 10%. 8%.
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