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Cooper Industries is considering a project that would require an initial investment of $235,000. The project would result in cost savings of 70,110 annually for
Cooper Industries is considering a project that would require an initial investment of $235,000. The project would result in cost savings of 70,110 annually for the next five years. The internal rate of return is:
a. 11%
b. 13%
c. 18%
d. 15%
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