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a consultant is evaluating an investment for which their client requires a 1 3 per cent rate of return. the investment costs $ 5 8

a consultant is evaluating an investment for which their client requires a 13 per cent rate of return. the investment costs $58,000 intially and will produce cash inflows of $25,000 for the next three consecutive years. should they endorse this project based on its internal rate of return? why or why not?

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