Question
A medical center is considering an investment project which has the following cash flows: year cash flow 0 -$1,000 1 $400 2 $300 3 $200
A medical center is considering an investment project which has the following cash flows:
year cash flow
0 -$1,000
1 $400
2 $300
3 $200
4 $400
CCC is 9 percent. What is the project's internal rate of return?
Group of answer choices
5.61%
6.15%
10.65%
11.65%
12.5%
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
