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A company is considering an iron ore extraction project that requires an initial investment of $1,200,000 and Will yield-annual cash inffows of $534,283 for three

A company is considering an iron ore extraction project that requires an initial investment of $1,200,000 and Will yield-annual cash inffows of $534,283 for three years. The company's discount rate is 9%. Calculate RR R A. 14% B. 18% C. 15% D. 16%

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