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A project has cash flows of $35,000, $0, $10,000, and $42,000 for Years 0 to 3, respectively. The required rate of return is 15 percent.
A project has cash flows of $35,000, $0, $10,000, and $42,000 for Years 0 to 3, respectively. The required rate of return is 15 percent. Based on the internal rate of return of _____ percent, you should _____ the project.
Multiple Choice
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14.92; reject
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18.46; reject
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13.96; accept
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15.21; accept
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24.76; accept
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