Question
A project will generate annual cash flows of $237,600 for each of the next three years, and a cash flow of $274,800 during the fourth
A project will generate annual cash flows of $237,600 for each of the next three years, and a cash flow of $274,800 during the fourth year. The initial cost of the project is $755,600. What is the internal rate of return of this project?
Multiple Choice
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12.31%
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10.10%
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11.37%
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9.47%
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10.73%
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Financial Management Theory And Practice
Authors: Prasanna Chandra
10th Edition
9353166527, 978-9353166526
