Question
A project has the following cash flows: year cash flows 0 - $12,100 1 5,350 2 7,720 3 5,120 4 -1,560 Assuming the appropriate interest
A project has the following cash flows:
| year | cash flows |
| 0 | - $12,100 |
| 1 | 5,350 |
| 2 | 7,720 |
| 3 | 5,120 |
| 4 | -1,560 |
Assuming the appropriate interest rate is 7 percent, so what is the MRR for this project using the discount approach ?
PLEASE HELP
Options:
A. 19.60%
B. 10.33%
C. 12.40%
D. 15.04%
E. 17.55%
I think it is C. 12,40%
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Personal Finance An Integrated Approach
Authors: Bernard J. Winger
4th Edition
0198520972, 9780132696302
